{"id":976,"date":"2019-10-17T19:37:11","date_gmt":"2019-10-17T19:37:11","guid":{"rendered":"https:\/\/jobbinghood.com\/finance\/2019\/10\/17\/sensex-soars-453-points-after-britain-eu-reach-brexit-deal-nifty-near-11600-yes-bank-jumps-16\/"},"modified":"2019-10-17T19:37:11","modified_gmt":"2019-10-17T19:37:11","slug":"sensex-soars-453-points-after-britain-eu-reach-brexit-deal-nifty-near-11600-yes-bank-jumps-16","status":"publish","type":"post","link":"https:\/\/jobbinghood.com\/magazine\/2019\/10\/17\/sensex-soars-453-points-after-britain-eu-reach-brexit-deal-nifty-near-11600-yes-bank-jumps-16\/","title":{"rendered":"Sensex soars 453 points after Britain, EU reach Brexit deal, Nifty near 11,600; Yes Bank jumps 16%"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"article-image\">\n<figure><img fetchpriority=\"high\" decoding=\"async\" class=\"lazy lazy-hidden size-full wp-image-1726051\" src=\"http:\/\/www.financialexpress.com\/wp-content\/plugins\/a3-lazy-load\/assets\/images\/lazy_placeholder.gif\" data-lazy-type=\"image\" data-src=\"https:\/\/images.financialexpress.com\/2019\/10\/sensex.jpg\" alt=\"Sensex,\u00a0Nifty50,\u00a0NSE,\u00a0BSE Metal Index,\u00a0FPI, BSE Telecom,\u00a0corporate tax rate\" width=\"660\" height=\"440\" srcset=\"\" data-srcset=\"https:\/\/images.financialexpress.com\/2019\/10\/sensex.jpg 660w, https:\/\/images.financialexpress.com\/2019\/10\/sensex-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2019\/10\/sensex-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2019\/10\/sensex-401x267.jpg 401w\" sizes=\"(max-width: 660px) 100vw, 660px\"\/><noscript><img decoding=\"async\" class=\"size-full wp-image-1726051\" src=\"https:\/\/images.financialexpress.com\/2019\/10\/sensex.jpg\" alt=\"Sensex,\u00a0Nifty50,\u00a0NSE,\u00a0BSE Metal Index,\u00a0FPI, BSE Telecom,\u00a0corporate tax rate\" width=\"660\" height=\"440\" srcset=\"https:\/\/images.financialexpress.com\/2019\/10\/sensex.jpg 660w, https:\/\/images.financialexpress.com\/2019\/10\/sensex-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2019\/10\/sensex-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2019\/10\/sensex-401x267.jpg 401w\" sizes=\"(max-width: 660px) 100vw, 660px\"\/><\/noscript><span class=\"article-caption\">The market breadth, indicating the overall health of the market, was tilted towards the losers over the last one-and-a-half years.<\/span><\/figure>\n<\/div>\n<p>The headline indices Sensex and Nifty surged on Thursday even as\u00a0Britain and the European Union said Thursday that they have struck an outline Brexit deal, after days of intense deliberations though it must still be formally approved by the bloc and ratified by the European and U.K. Parliaments. The Sensex ended 453 points higher to reclaim the crucial 39,000-mark, while the Nifty ended the session near the 11,600-mark.\u00a0YES Bank closed over 17 per cent higher to emerge among top Sensex gainer, after a report said that industrialists Sunil Mittal and Sunil Munjal have shown interest to buy a stake in the private sector lender. Bharti Enterprises Chairman Sunil Mittal and Hero Group founder promoter Sunil Munjal may acquire up to 5 per cent stake in private capacity in YES Bank, with another five could be sold to private investors, ET Now reported on Wednesday.<\/p>\n<p><strong>Also read:\u00a0<a href=\"https:\/\/www.financialexpress.com\/market\/private-wealth-soars-by-10-in-fy19-these-are-top-5-investment-picks\/1738344\/\" target=\"_blank\" rel=\"noopener noreferrer\">Private wealth soars by 10% in FY19; these are top 5 investment\u00a0picks<\/a><\/strong><\/p>\n<p style=\"font-weight: 400;\">Taking stock of the robust rally, Ajit\u00a0Mishra\u00a0Vice President,\u00a0Research,\u00a0Religare Broking said that the first half was dull but a sharp surge in the banking index in the latter half pushed the benchmark higher. \u201cBesides, the news of Brexit deal between the UK and European Union further boosted the sentiment. All the sectoral indices, barring IT, ended in green and the broader indices too posted decent gains,\u201d he added. According to the expert, markets are currently dancing to the global tunes, in absence of any major event on the local front.\u00a0 \u201cMeanwhile, we\u2019re seeing volatile swings on the stock-specific front which usually happens during the earnings season. We suggest not to get carried away with the recent surge and maintain positive yet cautious approach,\u201d he said further.\u00a0<b\/><b\/><\/p>\n<p>After trading on a positive note through the day, the 30-share Sensex surged at the fag end of the session to end 453.07 points, or 1.17% up at 39,052.06. It hit an intra-day high of 39,104.69 and a low of 38,557.43. Apart from top Sensex gainer Yes Bank, shares of <a target=\"_blank\" href=\"http:\/\/www.financialexpress.com\/auto\/new-cars\/tata\/\" rel=\"noopener noreferrer\">Tata<\/a> Motors, IndusInd Bank, SBI, Bajaj Auto, Asian Paints, Axis Bank, Tata Steel and <a target=\"_blank\" href=\"http:\/\/www.financialexpress.com\/auto\/new-cars\/marutisuzuki\/\" rel=\"noopener noreferrer\">Maruti Suzuki<\/a> ended up to 10% higher.\u00a0On the other hand, HCL Tech, Vedanta, PowerGrid, Kotak Bank, Infosys, ONGC, Tech <a target=\"_blank\" href=\"http:\/\/www.financialexpress.com\/auto\/new-cars\/mahindra\/\" rel=\"noopener noreferrer\">Mahindra<\/a>, L&amp;T and HDFC Bank fell ended up to 1% lower. The <a target=\"_blank\" href=\"http:\/\/www.financialexpress.com\/tag\/indian-rupee\/\" rel=\"noopener noreferrer\">Indian rupee<\/a> gained nearly 24 paise to 71.19 against the US dollar intra-day.<\/p>\n<div class=\"common-bottom-text\">\n<p>Get live <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/\" target=\"_blank\" rel=\"noopener noreferrer\">Stock Prices<\/a> from BSE and NSE and latest NAV, portfolio of <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mutual Funds<\/a>, calculate your tax by <a href=\"https:\/\/www.financialexpress.com\/income-tax-calculator\/\" target=\"_blank\" rel=\"noopener noreferrer\">Income Tax Calculator<\/a>, know market\u2019s <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-gainers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Gainers<\/a>, <a href=\"http:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-losers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Losers<\/a> &amp; <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/equity-funds\/\" target=\"_blank\" rel=\"noopener noreferrer\">Best Equity Funds<\/a>. Like us on <a href=\" https:\/\/www.facebook.com\/thefinancialexpress\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a> and follow us on <a href=\" https:\/\/twitter.com\/FinancialXpress\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>.<\/p>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The market breadth, indicating the overall health of the market, was tilted towards the losers over the last one-and-a-half years. The headline indices Sensex and Nifty surged on Thursday even as\u00a0Britain and the European Union said Thursday that they have struck an outline Brexit deal, after days of intense deliberations though it must still [&hellip;]<\/p>\n","protected":false},"author":348,"featured_media":907,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets"],"_links":{"self":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/users\/348"}],"replies":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/comments?post=976"}],"version-history":[{"count":0,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/976\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media\/907"}],"wp:attachment":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media?parent=976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/categories?post=976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/tags?post=976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}