Sensex Nifty bounce back to close 1 pc higher on gains in RIL Infosys TCS
Mumbai Mar 22 PTI Benchmark stock indices Sensex and Nifty rebounded from early lows to close over 1 per cent higher on Tuesday helped by heavy buying in index heavyweight Reliance Industries Infosys and TCS amid gains in global equities The 30-share BSE Sensex closed up by 69681 points or 122 per cent at 5798930 It touched a high of 5805287 and a low of 5693030 in intra-day trade It rallied 76038 points or 132 per cent during the day The broader NSE Nifty climbed 19790 points or 116 per cent to finish at 1731550 From the 30-share pack Tech Mahindra Reliance Industries Bajaj Finserv ITC TCS Indusind Bank Kotak Mahindra Bank Infosys and Power Grid were the biggest gainers In contrast Hindustan Unilever Limited Nestle India NTPC and Sun Pharma were the laggards The domestic market started with a negative bias taking cues from rising crude prices and hawkish signals from Fed on aggressive policy tightening However the trend reversed as European markets opened on a positive note buoyed by hope that Ukraine may consider working towards a truce said Vinod Nair Head of Research at Geojit Financial Services On Monday the Sensex plunged 57144 points or 099 per cent to settle at 5729249 The Nifty declined by 16945 points or 098 per cent to finish at 1711760 Equity exchanges in Shanghai Seoul Hong Kong and Tokyo ended with significant gains Stock exchanges in the US ended on a negative note in the overnight session Meanwhile international oil benchmark Brent crude dipped 157 per cent to USD 1138 per barrel Foreign institutional investors FIIs were net sellers in the capital market as they sold shares worth Rs 296212 crore on Monday according to stock exchange data PTI SUM MR MR
Mumbai Mar 22 PTI Benchmark stock indices Sensex and Nifty rebounded from early lows to close over 1 per cent higher on Tuesday helped by heavy buying in index heavyweight Reliance Industries Infosys and TCS amid gains in global equities The 30-share BSE Sensex closed up by 69681 points or 122 per cent at 5798930 It touched a high of 5805287 and a low of 5693030 in intra-day trade It rallied 76038 points or 132 per cent during the day The broader NSE Nifty climbed 19790 points or 116 per cent to finish at 1731550 From the 30-share pack Tech Mahindra Reliance Industries Bajaj Finserv ITC TCS Indusind Bank Kotak Mahindra Bank Infosys and Power Grid were the biggest gainers In contrast Hindustan Unilever Limited Nestle India NTPC and Sun Pharma were the laggards The domestic market started with a negative bias taking cues from rising crude prices and hawkish signals from Fed on aggressive policy tightening However the trend reversed as European markets opened on a positive note buoyed by hope that Ukraine may consider working towards a truce said Vinod Nair Head of Research at Geojit Financial Services On Monday the Sensex plunged 57144 points or 099 per cent to settle at 5729249 The Nifty declined by 16945 points or 098 per cent to finish at 1711760 Equity exchanges in Shanghai Seoul Hong Kong and Tokyo ended with significant gains Stock exchanges in the US ended on a negative note in the overnight session Meanwhile international oil benchmark Brent crude dipped 157 per cent to USD 1138 per barrel Foreign institutional investors FIIs were net sellers in the capital market as they sold shares worth Rs 296212 crore on Monday according to stock exchange data PTI SUM MR MR
