Nifty, Sensex rise as banks surge on government support hopes

VCCircle | Sep 28, 2020 at 6:27 PM
  • Indian shares rose on Monday, led by banking stocks on hopes that the government may offer support and infuse some capital into the sector.
  • The broader NSE Nifty 50 index rose 1.6% to 11,227.55 and the S&P BSE Sensex climbed 1.6% to 37,981.63.
  • The Nifty metals index rose 3% on expectations of strong demand from top importer China.