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Thursday, December 26, 2024 | 07:22 AM ISTEN Hindi

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Sensex surges around 200 points on surprise 7% Q3 GDP growth

In the broader market, BSE Midcap and BSE Smallcap gained 0.4% and 0.6% respectively

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bse, sensex, bull

Pranati Deva New Delhi
Benchmark indices was trading higher in noon trade with Sensex surging almost 200 points tracking economy's surprise growth at 7% in the October-December quarter reducing fear of any major impact of PM Narendra Modi’s  surpeise demonetisation move. Though the Fiscal Deficit for April-January 2017 overshooting the Budget estimate for the full year capped the gains.
 
At 1:17 pm, the S&P BSE Sensex was trading at 28,928, up 185 points, while the broader Nifty50 was ruling at 8,928, up 48 points.
 
In the broader market, BSE Midcap and BSE Smallcap gained 0.03% and 0.6% respectively.
 
"Although immediate positive

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