The market benchmarks made a strong rally, recovering from the last 6 days of consecutive fall.
The BSE Sensex advanced 646 points or 1.72 pc to close today’s session at 38,178. The Nifty50 also gained 187 points, or 1.68 pc to settle at 11,313-mark.
IndusInd Bank, BhartiAirtel, Bharti-Infratel, State Bank of India (Sbi) and UltraTech Cement were the major gainers on the Nifty50. Conversely, Yes Bank, Hero MotoCorp, Zee Entertainment, Titan Company and HCL Tech were among losers.
Among major sectors, the Nifty Bank index settled 3.67% higher at 28,785.85, up by 1018 points while the IT index ended 0.77% lower to settle at 15,128.75.
The FMCG index settled 0.17 pc higher at 30,269, while Auto index ended higher, rising 1.4 pc to settle at 7,461. Also the metal index jumped 2.10 percent to settle at 2,318. For Free stock tips visit our website.
TCS share price closed 1.26 pc lower, closing at Rs.2,021.90 per share on NSE. Reliance shares ended 1.22 pc higher, quoting share price at Rs 1,325.75 on NSE.
HDFC Bank shares settled 3.44% higher in trade today, quoting at Rs.1228.50 on NSE, while Housing Development Finance Co (HDFC) closed at Rs 2,001.50, up 1.67 pc. Get best stock Tips from the experts.