Sensex surges 230 points in early trade

Mumbai: A benchmark index of Indian equities markets on Friday surged 229.63 points or 0.83% as banking stocks gained.

All the sectors were trading in green and the rally was led by banking, auto and capital goods sectors.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 27,521.28 points, was trading at 27,737.17 points (at 09.38 a.m.) in the early session, up 229.63 points or 0.83% from the previous day’s close at 27,507.54 points.

The Sensex has touched a high of 27,743 points and a low of 27,519.26 points in the trade so far.

The S&P bankex surged by 170.79 points, auto index moved up by 130.68 points and capital goods index increased by 106.57 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 72.25 points or 0.87 per cent up at 8,356.25 points.

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