Sensex surges 198 pts, Nifty regains 9,900 level

September 27, 2017 10:10

The Sensex rose 198 points and the Nifty recaptured the 9,900 mark in the opening trade today after buying in realty, oil and gas and banking stocks paced up. Speculators were busy covering up short positions ahead of the September derivatives contract expiry tomorrow, which added to the upward move. The BSE 30-share barometer went up 197.70 points, or 0.62 per cent, to 31,797.46.

The gauge had lost 824 points in the previous six sessions, in line with a general weakness across the globe fuelled by escalating worries about Korean peninsula.

Sectoral indices led by realty, oil and gas, consumer durables, auto and banking were in the green, adding up to 1.65 per cent. The NSE Nifty was also higher by 49.55 points, or 0.50 per cent, to trade at 9,921.05. -- PTI

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