October 28, 2021

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Sensex Up 273 Points; Nifty Tops 17,900

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Indian shares opened on a positive note Monday, with rate-sensitive auto stocks and financials leading the surge.

The benchmark 30-share BSE Sensex climbed 273 points, or half a percent, to 60,322 in early trade, while the broader NSE Nifty index was up 65 points, or 0.4 percent, at 17,918.

ONGC rallied about 2 percent as oil prices hit three-year highs.

PVR jumped 6.4 percent and Inox Leisure soared more than 10 percent on news that theatres and auditoriums will be reopened in Maharashtra from October 22, 2021.

Zee Entertainment Enterprises declined 2.7 percent as Invesco insisted on the extraordinary general meeting (EGM) requisition which sought a newly reconstituted board and the removal of MD & CEO Punit Goenka.

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2021-09-27 00:15:47

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