Markets in India rose over half a percent in today's(6th October 2020) early deals, on firm global cues.
The S&P BSE Sensex gained 300 points to 39,270 levels and the Nifty50 index reclaimed the 11,600 marks. HDFC and IndusInd Bank gained 5 percent and 3 percent, respectively, after posting business updates. Meanwhile, Tata Motors also ticked up 3 percent as Jaguar Land Rover reported a 50 percent growth in September quarter sales at 1.13 lakh vehicles on a sequential basis.
Britannia Industries gained 1 percent after its board has approved a bonus debenture issue and dividend.
The trend among Nifty sectoral indices was largely positive, led by the Nifty Bank index, up 1.5 percent.
In the broader market, the S&P MidCap and SmallCap indexes were trading 0.7 percent and 0.6 percent higher, respectively.