Sensex ends 125 pts higher, Nifty at 11,036

Wednesday,   11-Sep-2019   03:47 PM (IST)

Benchmark indices extended their gains for the third straight trading session as public sector banks and metal stocks lifted the indices higher on Wednesday. The S&P BSE Sensex added 125 points or 0.34 per cent to settle at 37,271.  On NSE, the Nifty50 index settled at 11,036, up 33 points or 0.3 per cent. World stocks rose for the sixth straight day on Wednesday and bond prices fell as investors continued to unwind safety bets, encouraged by hopes of a resolution to the Sino-U.S. trade standoff and signs Europe may be preparing to ease budget spending rules. In Europe, Euro zone stocks were up 0.5 per cent, with investors piling into banks, miners, and auto parts shares for a second day. Germany's trade-sensitive DAX's rose 0.6 per cent, while London's FTSE 100 jumped 0.9 per cent and led the wider pan-European STOXX 600 index higher.