MARKET UPDATE:Sensex up 340 points at 38,080 levels and the Nity testing the 11,250-mark
Published On: Wednesday, September 23, 2020 | By: Team KnowMyStock
Equity markets in India rose half a percent today(23rd Asept.2020), tracking the overnight gains on the major Wall Street indices.
The S&P BSE Sensex was up 340 points at 38,080 levels and the Nity50 index was testing the 11,250-mark. Reliance Industries gained 2 percent after the company announced that KKR will invest Rs 5,500 crore for a 1.28 percent stake in Reliance Retail. The stock was the top Sensex gainer, followed by Infosys, Maruti, and IndusInd Bank (all up 1%).
All the Nifty sectoral indices, barring the Nifty Metal index, were trading in the green, led by the Nifty Private Bank index, up 0.6 percent.
In the broader market, the S&P BSE MidCap and SmallCap indexes were trading 0.7 percent and 1.2 percent higher, respectively.