Sensex surges 250 points;Nifty above 10,850 levels

Sensex surges 250 points;Nifty above 10,850 levels

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Indian equity indices ended on a higher note crossing 35,000 mark, while Nifty was above 10,800 levels.

Sensex was higher by 251 points at 35,511, While Nifty surged by 77 points at 10,894.

The S&P BSE Mid-cap and small cap index was higher.

The government reduced the additional borrowing requirement for the current fiscal to INR 20,000 crore from INR 50,000 crore estimated earlier.

Shares of HDFC Bank Ltd ended up by 1% at Rs.1951. The total income for the quarter ended 31st December, 2017 was INR 24,450.4 crore , up from INR 20,748.3 crore for the quarter ended 31st December, 2016.

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Yash Ved
Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.
yash@newsbarons.com