Markets open on a positive note on Wednesday morning

Top Stories

»	Rupee slips past 95 against US dollar amid crude spike
»	NITI Aayog launches roadmap for next phase of India’s Digital Public Infrastructure journey
»	Indian stock markets trade lower amid US-Iran tensions, surging crude
»	Sensex, Nifty trade higher in early session on global optimism
»	India forex reserves rise to $703.3 billion amid West Asia tensions

SME Times News Bureau | 09 Oct, 2019
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.