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BREAKING NEWS

Equity indices surge, Sensex rises over 200 points (Lead)

23 Feb 2018

Mumbai Feb 23 (IANS) Positive cues from the Asian markets -- along with healthy buying in almost all the sectors led by metals banking and healthcare stocks -- lifted the key Indian equity indices during the mid-afternoon trade session on Friday.



The BSE Sensex surged over 200 points aided by index heavyweights like Tata Steel Sun Pharma Dr Reddy s Lab Yes Bank and Bharti Airtel among others.

Around 1 pm the wider Nifty50 of the National Stock Exchange (NSE) edged higher by 86.10 points or 0.83 per cent to trade at 10 468.80 points.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE which opened at 33 832 points traded at 34 064.04 points -- up 244.54 or 0.72 per cent from its previous close -- so far touching a high of 34 094.85 points and a low of 33 832 during the intra-day trade.

The BSE market breadth was bullish with 1 826 advances and 734 declines.

On Thursday the equity indices closed with marginal losses on the back of volatility infused by futures and options expiry along with negative global cues and a weak rupee.

The Nifty50 had closed lower by 14.75 points or 0.14 per cent at 10 382.70 points while the Sensex fell by 25.36 points or 0.07 per cent to close at 33 819.50 points.

--IANS
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