Sensex gains 187 points; auto stocks surge
A benchmark index of Indian equities markets Monday was trading 186.85 points or 0.74 percent up as auto stocks surged.
All the stocks were trading in green and the rally was led by auto, capital goods, metal and banking sectors.
The 30-scrip Sensitive Index (Sensex) of the S and P Bombay Stock Exchange (BSE), which opened at 25,476.87 points, was trading at 25,515.99 points (at 09.21 a.m.) in the early session, up 186.85 points or 0.74 percent from the previous day's close at 25,329.14 points.
The Sensex has touched a high of 25,550.72 points and a low of 25,476.87 points in the trade so far.
The S and P BSE auto index gained 228.20 points, capital goods index got augmented by 193.34 points, metal index moved up by 129.59 points and bankex went up by 129.58 points.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 52.75 points or 0.70 percent up at 7,621.30 points.
(Posted on 11-08-2014)