Sensex soars on RIL earnings, stock jumps 5.13%

October 19, 2015 09:49

The benchmark BSE Sensex surged over 120 points in early trade today after sentiment was bolstered on the back of Reliance Industries' robust second-quarter earnings announced last Friday.

The 30-share index, which had gained 434.94 points in the previous two sessions, rallied 120.27 points, or 0.44 per cent, at 27,334.87, with stocks of oil and gas, realty, IT, power and capital goods, leading the upmove.

Similarly, the NSE index Nifty edged higher by 17.10 points, or 0.21 per cent, to 8,255.25.

Brokers said sustained buying by funds and retailers after Reliance Industries reported its highest ever quarterly net profit of Rs 6,720 crore for the September quarter post trading hours on Friday mainly buoyed sentiment.

Shares of RIL climbed 5.13 per cent to Rs 959 in early trade today.

However, a mixed trend in other Asian bourses restricted the rise, brokers added.

« Back to LIVE

TOP STORIES

In Pictures - Narine fires KKR to huge total vs LSG

Images from Sunday's IPL match between Kolkata Knight Riders and Lucknow Super Giants, in Lucknow.

Jadeja lauds CSK's bowling after easy win over PBKS

Chennai Super Kings all-rounder Ravindra Jadeja admitted that they were short by 15-20 runs but lauded their disciplined bowling show in securing a convincing 28-run victory over Punjab Kings in the Indian Premier League match in...

Rahul answers why he always wears white T-shirt

Gandhi answers several such light-hearted questions in a more than two-minute video released by the Congress on its social media channels.

IPL PIX: Jadeja's all-round show powers CSK to win

Ravindra Jadeja's superb all-rounder show powered Chennai Super Kings to a thumping 28-run victory against Punjab Kings.

Blue corner notice issued against Prajwal Revanna

A Blue Corner Notice is issued by the international police cooperation body to collect additional information from its member countries about a person's identity, location or activities in relation to a crime.