Sensex rises 200 pts, Nifty tests 11,100

Monday,   19-Aug-2019   09:34 AM (IST)

Benchmark indices opened on a positive note on Monday.  At 09:16 am, the S&P BSE Sensex was trading over 200 points higher at 37,580 levels while NSE's Nifty50 index was hovering around 11,100 levels, up over 60 points. Among individual stocks, Sun Pharma, Vedanta and L&T were the top gainers with over 2 per cent gains while Power Grid and ONGC were the biggest laggards. In the broader market, the S&P BSE MidCap was trading over 64 points or 0.48 per cent higher at 13,555 levels while the S&P BSE SmallCap was ruling at 12,643, up 59 points or 0.47 per cent. On the sectoral front, all the indices on NSE were trading in the green.  Asian stocks rose on Monday as hopes of more stimulus from central banks around the world and steps being taken by major economies such as Germany and China soothed investors’ fears of a sharp global economic slump. In the commodities market, oil prices rose following a weekend attack on a Saudi oil facility by Yemeni separatists, but recession worries capped gains.