Sensex surges over 350 points in early trade; Nifty tops 14,900
The Hindu
Elsewhere in Asia, bourses in Shanghai, Tokyo and Seoul were trading on a positive note in mid-session deals, while Hong Kong was in the red.
Equity benchmark Sensex rallied over 350 points in early trade on Monday, tracking gains in index majors HDFC twins, ICICI Bank and Kotak Bank amid largely positive cues from global markets. The 30-share BSE index was trading 353.64 points or 0.72% higher at 49,560.11 in initial deals. Similarly, the broader NSE Nifty surged 114.85 points or 0.77% to 14,938.A crowd comprising farmers, researchers, professors, students, and horticulture enthusiasts thronged the ICAR-Indian Institute of Horticultural Research (IIHR), Hesaraghatta, Bengaluru, on Friday for the inaugural ceremony of the Triphal Diversity Show which showcased 300 mango, 100 jackfruit, and 100 banana genotypes in collaboration with ICAR-National Research Centre for Banana, Tiruchirappalli.
The State government on Friday constituted a Special Investigation Team (SIT), headed by Additional Director-General of Police, Manish Kharbikar of the Economic Offences division of the Criminal Investigation Department (CID) to probe the alleged multi-crore scam in the government-run Maharshi Valmiki Scheduled Tribes Development Corporation.
The Deputy Commissioner and the Election Officer for Dakshina Kannada Lok Sabha constituency M. P. Mullai Muhilan said here on Friday that over 600 staff will be involved in the counting of votes cast in the April 26 elections, at the counting centre at the National Institute of Technology – Karnataka, Surathkal, on June 4.