The stock markets on Friday recovered from the previous days’ falls, after a volatile start in the very morning with the BSE Sensex rising over 1,500 points during mid-session.
At 1.20-pm, the Sensex was trading at 29,841.30, higher by 1553 points or 5.49-pc from Thursday’s close of 28,288
The index opened at 28,460.82 and has thus far crossed at a peak level of 29,917 and a low of 27,932.
The buying force was visible in the majority of the sectoral indices led by a 10.93-pc jump in the Nifty IT index. Metal, Pharma, Banking, and media also witness a positive move up.
The major gainers on the Nifty were ONGC, Gail India, Wipro, TCS, and Infosys, while IndusInd Bank, was the only one loser.
Among fifty stocks in the Nifty 49 witness buying while the one IndusInd bank fall