INSUBCONTINENT EXCLUSIVE:
Gains across banking, financial services and infrastructure shares pushed the markets higher
Domestic stock markets started Monday's session on a strong note, after the government announced measures to shore up the economy
The S-P BSE Sensex index jumped as much as 393.76 points to touch 37,094.92 in early trade, and the broader NSE Nifty benchmark traded above
the 10,900 mark after hitting 11,000.55 in pre-market trade
Gains across banking, financial services and infrastructure shares pushed the markets higher however weakness in IT and metal stocks limited
The markets however gave up some of the early gains in first few minutes of trade.At 9:38 am, the Sensex traded 216.16 points - or 0.59 per
cent - higher at 36,917.32, while the Nifty was up 41.10 points - or 0.38 per cent - at 10,870.45
Here are 10 things to know:Top percentage gainers on the 50-scrip index at the time were Indiabulls Housing Finance, State
Bank of India, HDFC, Zee Entertainment, Mahindra and Mahindra and Bajaj Finserv, trading between 2.01 per cent and 3.70 per cent
trading higher on the BSE and 406 struggling with losses
crore worth of recapitalisation to public sector banks upfront, instead of spreading it throughout the year
(Read more)Analysts say investors' sentiment is likely to improve over the next couple of weeks
said that although the government has been responsive to the issues of industry, the steps may not be sufficient and more measures might be
mid-cap companies along with large cap stocks," Mr Nanda added.Meanwhile, equities in other Asian markets sank as the latest salvo in the
briefing.(With inputs from Reuters)Get Breaking news, live coverage, and Latest News from India and around the world on
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