Mumbai, Oct. 20 -- Headline equity benchmarks traded with substantial gains in morning trade, driven by strong quarterly results from top lenders HDFC Bank and ICICI Bank, along with a rebound in global risk appetite amid signs of easing U.S.-China trade tensions.
The Nifty traded above the 25,800 level. PSU bank shares advanced after declining in the past two consecutive trading sessions.
At 10:30 IST, the barometer index, the S&P BSE Sensex, jumped 467.22 points or 0.54% to 84,420.18. The Nifty 50 index advanced 126.35 points or 0.48% to 25,838.35.
In the broader market, the S&P BSE Mid-Cap index rose 0.51% and the S&P BSE Small-Cap index shed 0.07%.
The market breadth was positive. On the BSE, 1,956 shares rose and 1,769 shares fel...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.