Sensex jumps over 600 points, Nifty gains 200 as market rallies

Punjab Newsline | New Delhi

Indian stock market traded higher on Tuesday, October 13, with the Sensex rising over 600 points to trade at 72,150. The Nifty also gained around 200 points to trade at 22,550.

Banking, information technology (IT) and fast-moving consumer goods (FMCG) stocks witnessed strong buying activity, supporting the upward momentum in the benchmark indices.

Meanwhile, the initial public offering (IPO) of Fusion CX opened for subscription today. Investors can bid for the issue until October 16.

The company has fixed the price band at ₹275 to ₹289 per share, with a lot size of 51 shares. Through the IPO, Fusion CX aims to raise ₹702 crore.