Stock Market Updates: Sensex Jumps 300 pts, Nifty Above 21,700; Polycab Tanks 10%

News Snapshot:

Sensex Today: Indian benchmark equity indices started Thursday’s trade on a positive note backed by supportive cues from global peers. The S&P BSE Sensex opened 250 points higher at 71,908, and was quoting around 71,950 levels. The NSE Nifty 50 was seen testing the 21,700 levels. Power Grid Corporation, UltraTech Cement, Nestle India and Mahindra & Mahindra were the top movers among the Sensex 30. Shares of TCS and Infosys are likely to remain in focus as the IT major will report Q3 earnings later today. In the broader market, the BSE MidCap and SmallCap indices advanced over 0.5 per...