Sensex jumps 483 points, Nifty reclaims 22,750 as value buying lifts market
Mumbai, Oct. 26 -- The Sensex and Nifty snapped their four-session losing streak on Monday as value buying in beaten-down stocks, easing crude oil prices and supportive global cues lifted investor sentiment. The Nifty settled above the 22,750 mark, recovering sharply from early losses. Brent crude eased to around $114.50 per barrel from a near six-month high of $117, while foreign institutional investors (FIIs) bought equities worth Rs 887.65 crore on Friday. Metal and healthcare stocks gained, while consumer durables and FMCG shares declined.
The S&P BSE Sensex advanced 482.92 points or 0.66% to 73,606.75. The Nifty 50 index rose 153.20 points or 0.68% to 22,753.20. In the past four consecutive trading sessions, the Sensex and Nifty dec...
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