Sensex surges 629 pts on macro information, world cues

Mumbai, October 1

The Sensex vaulted 629 points while the Nifty recaptured the 11,400-mark on Thursday as positive macroeconomic data and and renewed hopes of US stimulus turbocharged investors. A sharp jump in the rupee and the government’s Unlock 5 guidelines added to the bullish mood, traders said.

The BSE Sensex soared 629.12 points to close at 38,697.05, led by banking and finance stocks. The Nifty advanced 169.40 points to finish at 11,416.95.

IndusInd Bank was the top gainer in the Sensex pack, zooming 12.41%, followed by Bajaj Finance, Axis Bank, ICICI Bank, Tech Mahindra, Bajaj Auto, Bajaj Finserv and Kotak Bank. Only five index constituents closed in the red — ITC, NTPC, Reliance Industries, Titan and ONGC, shedding up to 0.52%. — PTI

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