Sensex zooms 1,030 pts, Nifty ends at 14,982

Mumbai

Equity benchmark Sensex soared 1,030.28 points on Wednesday to end at 50,781.69 points, tracking strong buying in financial stocks, after trading hours were extended following a technical glitch at NSE. After resumption of trade at 3.45 pm, NSE Nifty zoomed 274.20 points to end at 14,982. PTI

Mumbai

Trading outage: SEBI seeks explanation from NSE

Markets regulator SEBI on Wednesday asked the National Stock Exchange (NSE) to explain why trading on the bourse did not migrate to a disaster recovery site after facing connectivity issues. It also advised the NSE to carry out a detailed root cause analysis of the “trading halt” witnessed at the exchange on Wednesday. PTI

New Delhi

Hyundai to launch 7-seater premium SUV in India

Hyundai Motor India Ltd (HMIL) on Wednesday said it will enter the seven-seater premium SUV segment in India with the global debut of its Alcazar model this year. The Hyundai Alcazar will offer customers upscale mobility, be it for business travel or families travelling together, the company said. PTI

New Delhi

Maruti drives in new Swift starting at Rs5.73 lakh

Maruti Suzuki India on Wednesday launched updated version of its premium hatchback Swift priced between Rs 5.73 lakh and Rs 8.41 lakh (ex-showroom Delhi). PTI