Sensex surges 100 points on global cues
Crude oil prices rose in early Asian trade on Friday for the first time in seven days as markets eased on concerns about the impact of Britain's possible exit from the European Union (EU). The index rose 32.19 points 0.34% trading at Rs. 9,462.76. Out of 10 stocks 7 stocks were trading in green, with Petronet among top gainer surging by 1.83% at Rs. 287.15.
Bank Nifty surged by 110.75 points or 0.63% trading at 17,782.05. Canara Bank is among the top gainer trading at Rs. 205.50 up 1.51%.
Sugar stocks were trading down by 2.42%, on government imposing 20% duty on exports. All sugar stocks were in red, with Shree Renuka Sugars at Rs. 17.08 (2.79%), Sakthi Sugars at Rs. 47.75 (3.44%), Bajaj Hindustan Sugar at Rs. 21 (3.67%), Dhampure Specialty Sugars at Rs. 20.55 (4.64%) and Simbhaoli Sugars at Rs. 5.97%.