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Market LIVE updates: Sensex surges 200 points; banks, realty gain

LIVE Blog

Stay tuned here for latest updates on Indian markets, including BSE Sensex, NSE Nifty, Indian rupee and MCX gold.

23 August 2017
15:19 IST

The 30-share BSE Sensex was up 210.69 points or 0.67 percent at 31,502.54 and the 50-share NSE Nifty gained 58.60 points or 0.60 percent at 9,824.15.

12:13 IST

The Nifty was up 0.45 percent at 9,809.75 as of 0637 GMT, while the Sensex was 0.53 percent higher at 31,457.52.

Banks were among the top gainers with private-sector lender ICICI Bank rising 1.3 percent. Among state-run peers Allahabad Bank Ltd and Bank of India rose over 2.5 percent each.

Realty stocks also gained with DLF Ltd climbing nearly 8 percent after it said an audit committee would review the status of the proposed sale of compulsorily convertible preference shares to an affiliate of Singapore sovereign wealth fund GIC.

Shares of Fortis Healthcare Ltd rose as much as 7.3 percent following a block deal worth 605.9 million rupees on Tuesday, while Goldman Sachs initiated coverage with a "buy" rating.

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