MARKET UPDATE:Sensex gained 440 points to 38,630 levels and the Nifty testing the 11,400-mark
Published On: Thursday, September 10, 2020 | By: Team KnowMyStock
The Indian benchmark indices added to their opening gains and were trading over 1 percent higher in today's(10th Sept.2020) late morning session.
The S&P BSE Sensex gained 440 points to 38,630 levels and the Nifty50 index was testing the 11,400-mark. IndusInd Bank (up 3%) was the top Sensex gainer. Meanwhile, Reliance Industries scaled a new lifetime high after gaining 2 percent amid reports that marquee investors including KKR, Abu Dhabi Investment Authority, and Saudi Arabia’s Public Investment Fund (PIF) could be in line to pick stakes in the company's retail-arm Reliance Retail Ltd.
All the Nifty sectoral indices were trading in the green, led by Nifty PSU Bank index, up 1.9 percent.
In the broader markets, the S&P BSE MidCap and SmallCap indexes were trading 1 percent and 1.7 percent higher, respectively.
Seventy-four companies including Hindustan Aeronautics and J&K Bank are scheduled to announce their June quarter results today.