Sensex rises by 277 points on global cues

| | Mumbai

The benchmark BSE Sensex on Monday surged by around 277 points to close at more than five-month high of 35,934.72 on heavy buying in energy, capital goods, power and banking stocks following positive leads from global markets. A strengthening rupee against the US dollar also bolstered the trading sentiment even as investors shifted their focus to corporate earnings from trade war worries.       

The 30-share BSE Sensex rallied for the second day by rising 276.86 points or 0.78 per cent to settle at 35,934.72, the highest closing level since January 31, when it had closed at 35,965.02.    The broader NSE Nifty closed above the 10,800 level by gaining 80.25 points or 0.74 per cent to 10,852.90, the highest closing since June 13, 2018, when it ended at 10,856.70.



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