Stock Updates -- Sensex Surges over 250 Points, Nifty Above 8,690

LIVE: Sensex surges over 250 points, Nifty above 8,690; Tata Motors, Jubilant Life gain 

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Domestic benchmark indices BSE Sensex and NSE Nifty

opened higher on Monday tracking firm global cues. In the Nifty 50 index, Aurobindo Pharma, Bank of Baroda, Grasim, GAIL and Mahindra & Mahindra were up between 2.89 per cent and 3.86 per cent in the morning deals. On the other hand, Cipla, Tech Mahindra, Coal India, ITC and Ambuja Cement were down between 1.09 per cent and 3.83 per cent.  

10.14 am: Tata Motors were trading nearly 2 per cent up at Rs 544.30. The company’s passenger and commercial vehicle sales (including exports) in September 2016 were at 48,648 vehicles, a growth of 8 per cent, over 45,215 vehicles sold in September 2015. The company’s domestic sales of commercial and passenger vehicles for September 2016 were at 42,961 units, a growth of 5 per cent, over September 2015. Sensex was trading 257.99 points up at 28,123. Nifty was up 85.90 points at 8,697.  

9.53 am: Indian rupee was trading nearly 11 paise up at 66.50. Sensex was trading 249 points up at 28115. Nifty was up 89.40 points at 8,700.55.  

9.36 am: Shares of SML Isuzu were trading nearly 2 per cent down after it posted 5.3 per cent decine in September sales. It sold 977 vehicles during September 2016 against 1,032 vehicles sold in September 2015.

PRE-MARKETS 

The BSE Sensex and NSE Nifty are likely to open on a flat note with positive bias on Monday tracking SGX Nifty and firm Asian cues. At 8.05 am (IST), SGX Nifty was up 9.50 points at 8660.50.