Sensex, Nifty surge over1%; IT shares rally for 3rd day
Mumbai, Oct. 15 -- The key equity benchmarks traded with substantial gains in morning trade supported by a strengthening rupee and easing global bond yields and crude oil prices. The market sentiment remained positive as investors tracked September-quarter earnings, with the Nifty trading above the 22,900 mark.
Market participants will track global developments, foreign institutional investors (FIIs) flows and further corporate earnings announcements for market direction.
IT stocks continued to attract buying interest for the third consecutive session.
At 10:25 IST, the barometer index, the S&P BSE Sensex advanced 934.84 points or 1.30% to 73,730.45. The Nifty 50 index jumped 282.55 points or 1.25% to 22,901.75.
In the broader market,...
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