Sensex Jumps Over 300 Points, Nifty Above 10,750

INSUBCONTINENT EXCLUSIVE:
Bombay Stock Exchange (BSE) benchmark
index Sensex started Monday's session with a surge of over 300 points to trade above the key 35,000 level, tracking strong global markets
Gains were led by buying witnessed across banking and auto shares
The NSE Nifty rose 74 points to touch 10,770 in early deals
Thirty six stocks on the 50-scrip index were trading with advances
2.4 per cent higher.Banking stocks soared, with the Nifty Bank - the NSE's sectoral index for banking shares - rising 1.3 per
was Rs
94,016 crore, higher than average monthly collection of Rs
89,885 crore in 2017-18, Finance Secretary Hasmukh Adhia said on Friday
He further said that this reflects better compliance after introduction of e-way bills
The number of returns filed for the month of April up to May 31 rose to 62.46 lakh as against 60.47 lakh for March till April 30."Analysts
client group and capital market strategy at HDFC Securities.Equities in other Asian markets rose to their highest level in
two-and-a-half-weeks
Strong US jobs data offset worries that tariff wars between the US and the rest of the world could drag on global economic growth
MSCI's broadest index of Asia-Pacific shares outside Japan gained 1.0 per cent to a high last seen on May 17, while Japan's Nikkei rose
1.3 per cent.Overnight on Wall Street, the Nasdaq Composite rose 1.51 per cent, near its record closing high of 7,588 marked in
March.Foreign portfolio investors (FPIs) net sold shares worth Rs
202.8 crore on Friday and domestic institutional investors (DIIs) net purchased equities worth Rs
337.97 crore, provisional data from the NSE showed.(With agency inputs)