India’s Sensex rallies over 1,100 points; Nifty tops 9,000 level

India’s Sensex rallies over 1,100 points; Nifty tops 9,000 level

Positive cues from the global markets too enthused investor sentiment .. Equity benchmark Sensex surged over 1,100 points in opening session on Friday led by gains in banking stocks ahead of Reserve Bank Governor Shaktikanta Das' address.. The 30-share BSE barometer was trading 1,140.10 points or 3.81 per cent higher at 31,086.87.Similarly, the NSE Nifty zoomed 367.10 points, or 4.25 per cent, to 9,008.55.IndusInd Bank was the top gainer in the Sensex pack, rallying up to 20 per cent, followed by Axis Bank, SBI, Bajaj Finance, ICICI Bank, HDFC Bank and M&M.. In the previous session, equity benchmarks surged for the third straight session, logging their best three-day gains in years, after the government's much awaited stimulus measures for coronavirus lockdown-hit segments lifted sentiments.. The BSE gauge surged 1,410.99 points or 4.94 per cent to settle at 29,946.77; while the Nifty shot up 323.60 points or 3.89 per cent to 8,641.45.. Foreign institutional investors (FIIs) remained net sellers in the capital market, as they sold equity shares worth Rs 484.78 crore on. Thursday, according to provisional exchange data.. According to traders, after Finance Minister Nirmala Sitharaman's Rs 1.70 lakh crore economic stimulus to ease the economic blow of the Covid-19