The News Scroll 09 October 2019  Last Updated at 2:56 pm | Source: IANS

Sensex extends early gains, up 450 points

Sensex extends early gains, up 450 points
outlookindia.com
1970-01-01T05:30:00+0530
Sensex extends early gains, up 450 points

Mumbai, Oct 9 (IANS) The Sensex jumped over 450 points on Wednesday led by strong buying in banks and financial stocks.

The cabinet on Wednesday hiked the dearness allowance (DA) for government employees by 5 per cent.

Union Minister Prakash Javadekar said that the government has hiked Dearness Allowance (DA) by 5 per cent, raising it from 12 per cent to 17 per cent.

ICICI Bank, State Bank of India and IndusInd Bank were trading over 4 to 5 per cent higher.

At 2.17 p.m.,the Sensex was up 459.59 points at 37,991.57 while the Nifty gained over 125 points to 11,251.80.

--IANS

ravi/in


Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: IANS
Next Story : Two-Year Data Shows Trend Towards Lower Target Vessel Failure With Indian Stent Supraflex vs. Xience Stent Froalm Abbott
Download the Outlook ​Magazines App. Six magazines, wherever you go! Play Store and App Store