INSUBCONTINENT EXCLUSIVE:
Gains in banking, pharma and auto stocks pushed the markets higher.
Domestic stock markets moved
sharply higher on Friday, amid gains in Asian peers on optimism about an end to the US-China trade conflict
The S-P BSE Sensex index rose as much as 363.58 points to touch 40,650.06 in afternoon deals, and the broader NSE Nifty benchmark climbed to
as high as 11,973.65, up 101.55 points from the previous close
Gains in banking, pharma and auto stocks pushed the markets higher, however losses in metal and select consumer goods shares limited the
Here are 10 things to know about the movement in the Sensex and Nifty today:At 12:48 pm, the Sensex traded 196.67 points - or
0.49 per cent - higher at 40,483.15 while the Nifty was up 58.55 points - or 0.49 per cent - at 11,930.65.Top percentage gainers on the
50-scrip index at the time were Bharti Airtel, Bharti Infratel, State Bank of India (SBI), UltraTech Cement and Tata Motors, trading between
1.74 per cent and 6.39 per cent higher.SBI, Reliance Industries and Bharti Airtel were the top contributors to the rise in Sensex.Market
said the world's two largest economies were in close touch via telephone, and an agreement could be reached soon.Vodafone Idea and Bharti
Airtel rose, a day after the telecom companies reported huge losses in the July-September period on account of high provisions for
outstanding government dues.Vodafone Idea on Thursday reported a net loss of Rs
50,921.9 crore for the quarter ended September 30 - the biggest in the country's corporate history - after making provisions for
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