Indian market: Sensex ends up 87.39 pts

The National Stock Exchange (NSE) too rose by 24.75 points to 11,329.80.

The equity market remained volatile today as it opened higher by 81 points to 38,208.24. It jumped nearly 386 points to 38,513.69 day high on the strength of Telecom, Auto, Bankex, Metal and Realty stocks. In late trade it erased earlier gain but manged to end positive only at 38,214.47, with a modest gain of 87.39 points from its last close.

It registered day low at 38,066.13, sliding by 61 points from its previous close.
In scrips, Tata Motors, Tata Motors DVR, ONGC, Bharti Airtel and IndusInd Bank were the gainers however selling in Infosys, Bajaj Finance, Powergrid and L & t capped from further gain, the broker informed.

The S&P BSE Small-Cap index rose 0.12 pc. The S&P BSE Mid-Cap index was up 0.44 pc.

The market breadth was negative. On the BSE, 1223 shares rose and 1281 shares fell. A total of 230 shares remain unchanged. In Nifty 50 index, the market breadth was positive with 36 stocks advancing and 14 stocks declining.

On the macro front, the annual rate of inflation, based on monthly Wholesale Price Index (WPI), stood at 0.33 pc for September 2019 (over September 2018) compared with 1.08 pc in the previous month and 5.22% during the corresponding month of the previous year. The data was unveiled on Monday.

Asian shares edged higher on Monday as investor sentiment improved following last week's high-level trade negotiations between the United States and China.