Barometers further extended gains and hit a fresh intraday high in early afternoon trade. At 12:20 IST, the barometer index, the S&P BSE Sensex, soared 631.76 points or 1.30% at 49,196.03. The Nifty 50 index jumped 190 points or 1.33% at 14,471.30.
In the broader market, the S&P BSE Mid-Cap index rose 1.72% while the S&P BSE Small-Cap index gained 1.52%.
The market breadth was very strong. On the BSE, 1,978 shares rose and 709 shares fell. A total of 133 shares were unchanged.
Positive cues from other Asian markets and robust FII inflows in the domestic equity market boosted sentiment.
Derivatives:
The NSE s India VIX, a gauge of market s expectation of volatility over the near term, dropped 5.09% to 23.1525. The Nifty 28 January 2021 futures were trading at 14,501, at a premium of 29.70 point compared with the spot at 14,471.30.
Read more about Sensex zooms 834 pts; Bajaj twins rally on Business Standard. As per provisional closing data, the barometer index, the S&P BSE Sensex, zoomed 834 points or 1.72% to 49,398.67. The Nifty 50 index surged 239.85 points or 1.68% at 14,521.70.
Read more about Shares trade firm on positive global signals on Business Standard. The benchmark indices extended gains in afternoon trade, buoyed by positive global cues. At 13:20 IST, the barometer index, the S&P BSE Sensex, surged 736.72 points or 1.52% at 49,300.99. The Nifty 50 index soared 200.80 points or 1.41% at
Sugar production in India, the world’s second-largest sugar-producing country, stood at 108.94 lakh tonnes till January 15 of the 2019-20 marketing year (October-September).
As per the industry body, 487 sugar mills in operation across the country as on January 15, 2021 have produced 142.70 lakh tonne of sugar, as compared to 108.94 lakh tonne produced by 440 sugar mills as on January 15, 2020. This is higher by 33.76 lakh tonnes or 30.98 per cent from last season s production for the corresponding period.In U