MARKET LIVE: Sensex gains 300 pts, Nifty reclaims 10,500; Eveready zooms 9%

The Indian benchmark indices rose virtually just one per cent on Thursday, monitoring gains from their Asian peers.

The S&P BSE Sensex was up three hundred points at 35,750 levels and the Nifty50 index reclaimed the ten,500-mark. Mahindra & Mahindra, ONGC, and IndusInd Bank (all up 2%) were being the top Sensex gainers. Eveready Industries surged as much as 9 per cent on the BSE just after the announcement of its March quarter outcomes.

The craze amid Nifty sectoral indices was optimistic, led by Nifty Bank index, up 1 per cent.
 

International cues

On Wall Street, the S&P 500 gained .5 per cent and the Nasdaq losed .95 per cent greater to kick off the third quarter. On the other hand, the Dow Jones fell .three per cent.

In Asia, Hong Kong’s Cling Seng index rose 1.three per cent in early promotions when Australia’s ASX gained .7 per cent. Japan’s Nikkei was also up .2 per cent.

In commodities, Brent crude was last trading at $41.95 a barrel.