Sensex rallies 342 pts on global cues and GST rate cut; Nifty tops 10,850

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The BSE Sensex zoomed 342 points and the NSE Nifty reclaimed the 10,800 mark in Monday's session, driven by IT and financial stocks, amid heavy foreign and domestic fund inflow. Domestic equities tracked positive cues from other Asian and European markets after US President Donald Trump announced extension of the March 1 deadline for increasing tariff on import of Chinese products. The 30-share index ended 341.90 points, or 0.95 per cent, at 36,213.38; while the broader Nifty soared 88.45 points, or 0.82 per cent, to conclude the session at 10,880.10 after shuttling between 10,887.10 and 10,788.05.

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Watch Sensex rallies 342 pts on global cues and GST rate cut; Nifty tops 10,850 With HD Quality.

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    The BSE Sensex zoomed 342 points and the NSE Nifty reclaimed the 10,800 mark in Monday's session, driven by IT and financial stocks, amid heavy foreign and domestic fund inflow. Domestic equities tracked positive cues from other Asian and European markets after US President Donald Trump announced extension of the March 1 deadline for increasing tariff on import of Chinese products. The 30-share index ended 341.90 points, or 0.95 per cent, at 36,213.38; while the broader Nifty soared 88.45 points, or 0.82 per cent, to conclude the session at 10,880.10 after shuttling between 10,887.10 and 10,788.05.

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