Economy, business and finance
Sensex gains 383 pts; media shares advance
At 11:25 IST, the barometer index, the S&P BSE Sensex jumped 383.44 points or 0.52% to 74,387.26. The Nifty 50 index added 144.35 points or 0.63% to 23,259.45.
In the broader market, the BSE 150 MidCap Index rose 0.04% and the BSE 250 SmallCap Index shed 0.21%.
The market breadth was weak. On the BSE, 1,698 shares rose and 2,403 shares fell. A total of 233 shares were unchanged.
India's Unified Payments Interface (UPI) will roll out a targeted Merchant Discount Rate (MDR) regime effective 15 October 2026, ending a years-long blanket zero-MDR policy to build a self-sustaining funding base for network infrastructure, cybersecurity, and platform scalability.