Sensex jumps nearly 400 points, Nifty above 14,850 on positive GST data, global shares

Sensex jumps nearly 400 points, Nifty above 14,850 on positive GST data, global shares

Indian equity markets opened higher on Tuesday as GST collection for the month of February stood above the Rs 1 lakh crore mark for the fifth straight month cementing the signs of economic recovery. Positive global shares also boosted sentiments. As of 9:20 am, the Sensex was up 360 points or 0.72% at 50,209.11 and the Nifty was higher by 0.71% or 105 points at 14,866.95. Gains in the market were led by banking shares. Nifty Bank, the banking sub-index of NSE was up 0.95%.

News Source: Times Now

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