Mumbai, Oct. 16 -- The headline equity benchmarks traded with modest gains in mid-afternoon trade, supported by stock-specific movements during the ongoing Q2 earnings season and renewed foreign fund inflows. The Nifty traded above the 24,550 mark. FMCG shares extended gains for the second consecutive trading session.
At 14:30 IST, the barometer index, the S&P BSE Sensex, surged 847.58 points or 1.02% to 83,447.06. The Nifty 50 index rose 258.70 points or 1.02% to 25,579.05.
In the broader market underperformed the frontline indices. The S&P BSE Mid-Cap index added 0.31% and the S&P BSE Small-Cap index rose 0.47%.
The market breadth was positive. On the BSE, 2,398 shares rose and 1,705 shares fell. A total of 155 shares were unchanged....
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.