Sensex soars over 340 pts; realty, auto stocks lead 03/10/2016 11:31

Sensex soars over 340 pts; realty, auto stocks lead
03/10/2016 11:31

NIFTY Fut               : BUY ZONE
BANKNIFTY FUT : BUY ZONE


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Tracking positive cues from fellow Asian peers, Indian equity benchmarks were trading higher during the late morning deals on Monday. Also, investors indulged in buying activity mainly in the realty and auto sector stocks ahead of the RBI policy review on Tuesday.

At 11:07 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,207.86, up by 341.9 points or 1.23 per cent while the NSE Nifty was at 8,724.25, up by 113.1 points or 1.31 per cent.

Besides, easing worries over the health of German lender Deutsche Bank after reports emerged that it was set to be nearing a less-costly settlement than earlier feared, too had a positive impact.

On the global front, Asian markets were trading in the green after easing fears over European banks. Meanwhile, China’s Shanghai Composite was closed due to a holiday, Hang Seng climbed over 1 per cent and Nikkei 225 also rallied nearly 0.89 per cent.