Sensex jumps 322 points, Nifty gains 1%; Cipla, Tata Motors, ITC, HUL top gainers8 min read . Updated: 16 Aug 2017, 05:20 PM IST
BSE Sensex closed higher by 322 points, or 1.02%, to 31,771, while the Nifty 50 rises 1.05%, to 9,897. Here are the latest updates and developments from the markets
Mumbai: The BSE Sensex jumped about 322 points on Wednesday to close at a one-week high of 31,770.89, while the NSE Nifty topped the 9,900-mark on unabated buying by domestic investors amid firm global cues on receding tensions between the US and North Korea. Sentiment remained upbeat for the better part of the day on account of positive leads from European markets before the release of the latest Federal Reserve minutes and British unemployment data. Stocks of consumer goods companies were back in the limelight on value-buying, recovering from recent losses sparked by worries over the impact from recently launched Goods and Services Tax (GST) in July.