Sensex extends early gains, up 450 points (Lead)
Wednesday - October 9, 2019 2:50 pm ,
Category : BUSINESS
Mumbai, Oct 9 (IANS) The Sensex jumped over 450 points on Wednesday led by strong buying in banks and financial stocks.The cabinet on Wednesday hiked the dearness allowance (DA) for government employees by 5 per cent.Union Minister Prakash Javadekar said that the government has hiked Dearness Allowance (DA) by 5 per cent, raising it from 12 per cent to 17 per cent.ICICI Bank, State Bank of India and IndusInd Bank were trading over 4 to 5 per cent higher.At 2.17 p.m.,the Sensex was up 459.59 points at 37,991.57 while the Nifty gained over 125 points to 11,251.80.
--IANS ravi/in
--IANS ravi/in
