Sensex, Nifty rebound after four sessions as FMCG, consumer stocks gain
Mumbai, Oct. 5 -- The key equity benchmarks ended higher on Monday, snapping a four-session losing streak as easing crude oil prices, softer US jobs data and buying across sectors improved investor sentiment. The Nifty settled above the 22,550 mark. FMCG and consumer durables stocks advanced, while healthcare and pharma shares declined. Investors also remained focused on the Reserve Bank of India's monetary policy meeting, which began on Monday, and monitored global bond yields.
The S&P BSE Sensex rose 472.77 points, or 0.66%, to 72,382.47, while the Nifty 50 index gained 133.80 points, or 0.60%, to 22,555.75. Over the previous four sessions, the Sensex and Nifty had declined 2.69% and 3.11%, respectively.
ITC (up 5.08%), ICICI Bank (up...
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.