An evening walk down D-St: Market rises for 3rd consecutive day; bank, auto, FMCG top contributors
Episode 1792, Oct 15, 2019, 12:00 PM
Vedanta, Mahindra & Mahindra and ONGC closed as the top gainers in the Sensex index, whereas Bharti Airtel, Infosys and Tata Motors emerged as the top losers in the index.
Indian equity benchmarks Sensex and Nifty settled in the green for the third consecutive session on October 15, underpinned by gains in shares of banks, FMCG and auto heavyweights.
In the three successive sessions of gains, Sensex and Nifty have gained about 2 percent, while the overall market capitalisation of BSE listed firms has jumped to Rs 1,45,86,056.28 crore from Rs 1,43,21,595.59 crore on October 10, making investors richer by Rs 2.64 lakh crore.
Positive global cues set the mood for the domestic market after reports emerged that China confirmed signing 'Phase One' of the trade deal with the US.
Besides, investors cheered the prospects of a smooth Brexit after the European Union’s chief Brexit negotiator signalled that a deal with Britain over the terms of their separation was still possible this week.