Live: Sensex, Nifty consolidate gains; banking, pharma stocks up
BSE Sensex is currently trading higher by 227.39 points, or 0.83%, to 27,501.54; Nifty 50 of the NSE rises 78.00 points, or 0.92%, to 8,511.75
Reversing its five-day losing streak, the 30-share S&P BSE Sensex surged 317 points and the National Stock Exchange (NSE) Nifty 50 reclaimed the 8,500-mark on Monday amid positive developments on US election front as the FBI said Hillary Clinton would not face charges over her use of a private email server. Short-covering of bets by speculators also supported the upward movement. The Sensex, which had lost 667.36 points in the previous five sessions, rallied by 317 points, or 1.16%, at 27,591.15. All the sectoral indices, led by healthcare, metal and realty stocks were trading in positive zone, giving the sentiment a lift. The Nifty was also trading higher 102.10 points, or 1.21%, at 8,535.85.
Reversing its five-day losing streak, the 30-share S&P BSE Sensex surged 317 points and the National Stock Exchange (NSE) Nifty 50 reclaimed the 8,500-mark on Monday amid positive developments on US election front as the FBI said Hillary Clinton would not face charges over her use of a private email server. Short-covering of bets by speculators also supported the upward movement. The Sensex, which had lost 667.36 points in the previous five sessions, rallied by 317 points, or 1.16%, at 27,591.15. All the sectoral indices, led by healthcare, metal and realty stocks were trading in positive zone, giving the sentiment a lift. The Nifty was also trading higher 102.10 points, or 1.21%, at 8,535.85.
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