At 13:30 IST, the barometer index, the S&P BSE Sensex jumped 330.28 points or 0.41% to 81,514.21. The Nifty 50 index added 74.75 points or 0.30% to 24,924.40.

Domestic brokerage firm Axis Securities, initiated coverage on the water supply and management company with a ‘Buy’ rating at a target price of Rs 1,700 per share, reflecting an upside of 29.4%

Asian stocks fell Monday after another rout hit Wall Street on Friday, as a highly anticipated update on the US job market came in weak enough to add to worries about the economy.
The Nikkei 225 index was hovering around its lowest level in almost a month during morning trading, and it slipped 0.5 per cent to close at 36,215.75.
Japan’s gross domestic product grew by an annualised 2.9 per cent in the second quarter, according to revised data from the Cabinet Office released on Monday. This was below expectations.
Any broader risk aversion may have an amplified effect on Japanese equities, with safe-haven flows potentially supporting the yen, which is looked upon as negative for the country’s exporters, Yeap Jun Rong, market strategist at IG, said in a commentary.
The US dollar was trading at less than 143 Japanese yen in Monday trading.
Stocks in Chinese markets also racked up losses after worse-than-expected inflation data disappointed investors. Data from the National Bureau of

Under this authorization, Bandhan Bank customers and others can pay their Goods and Services Tax in a fast, seamless and convenient manner through the Bank’s Retail Internet Banking, and Corporate Internet Banking platforms. They can also pay the tax at any of the Bank branches using Cash, Cheque or Demand Draft.