Monday, 19 October 2015

Sensex Rises 100 Points; Reliance Industries Surges 5%, HCL Tech Rebounds

Indian stock markets traded higher on Monday tracking strong gains in Reliance Industries and a rebound in some Asian markets following China's GDP beat in Q3.

The BSE Sensex traded 70 points higher at 27,284 while the Nifty traded 9 points higher at 8,247 as of 11.45 a.m. Profit-taking in auto and FMCG stocks capped gains in the indices.

Reliance Industries shares jumped over 5 per cent to top the 50-share Nifty index, following record profit posted by the oil & gas major in the September quarter.

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