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       HEADLINES: CM, Chennithala condole Srideviā€™s death                                              Ten new faces in CPM state panel, seven exempted                                              Royal family protests at Padmatheertham pond                                              Congress activists manhandle minister in Kannur                                              Kodiyeri to continue, Gopi Kottamurikkal reinstated                                              Veteran actress Sridevi passes away at 55                                              Bollywood mourns demise of actress Sridevi                                              Sridevi, the diva who lit up Indian cinema screen                                              US to shift its embassy to Jerusalem in May                                              US teachers say #ArmMeWith resources, not guns                                              20 Afghan National Army soldiers killed                                              UN Security Council delays vote on Syria ceasefire                                              It is hard to digest that Sridevi is no more, says Sachin                                              BCCI turns down ICC request for rescheduling IPL match                                              Kaumudi Facebook
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       Sensex soars 348 pts, all eyes on macro data
 
         Posted on :17:19:44 Oct 12, 2017
   
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       Last edited on:17:19:44 Oct 12, 2017
         Tags: Sensex soars 348 pts, all eyes on macro data
 

MUMBAI: Market benchmark Sensex Thursday rebounded in style, surging more than 348 points -- its biggest single-day rise in three months -- to end at 32,182, spurred by oil and gas, healthcare, FMCG and auto stocks.

Buying activity was strong ahead of IIP and inflation data due later in the day as domestic investors showed faith in stocks amid a firming trend overseas.

The broader Nifty too regained the key 10,000-mark.

The 30-share Sensex after opening higher settled up 348.23 points, or 1.09 per cent at 32,182.22. This is its best single-session gain since July 10 when it jumped 355.01 points.

Yesterday, the index had dropped 90 points for the first time in four sessions as investors took profit.

The broader NSE Nifty recaptured the key 10,000-mark and ended at 10,096.40, up 111.60 points or 1.12 per cent, recording its biggest single-day gain since May 25 when it rallied 149.20 points. Intra-day, it scaled a high and a low of 10,104.45 and 9,977.10, respectively.

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       BUSINESS
Next Article: Govt to discuss bringing real estate under GST in Nov: Jaitley
 
 
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Glitches in GSTN remain cause of concern  
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India, Iran sign double taxation pact  
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