October 6, Mumbai: In the afternoon session on Thursday, the Indian stock market’s benchmark Sensex was trading with a rise of over 400 points, powered by strong buying support in metal, technology, and auto companies despite strong indications from global equities.
At 1.12 p.m., the 30-stock S&P BSE Sensex was trading 414.94 points, or 0.71 percent, higher at 58,480.41 points, compared to its previous session’s closing of 58,065.47 points.
The Sensex began the day strongly higher at 58,314.05 points, tracking the surge in global equity markets, and rocketed to a high of 58,578.76 points. The Sensex fell to a low of 58,290.47 points intraday.
The Indian equity markets have rallied for the second day in a row. The previous trading day, the Sensex had gained 1276.66 points, or 2.25 percent.
The wider Nifty 50 index of the National Stock Exchange rose 119.45 points, or 0.69 percent, to 17,393.75 points after closing at 17,274.30 points the previous day.
