Equity indices settled higher backed by gains in IT shares and select bank shares. The BSE Sensex rose 103.03 points to 35,319.35. The Nifty-50 index rose 23.90 points to 10,741.70, as per closing data.
Gains in metals, IT and banking stocks helped the market close on a positive note. Revival in banking stocks cements, TCS and Reliance pushed up indices at the end hours of trade.
In Sector wise, IT, metals, bank and energy companies held the market higher, while pharma, PSU banks and FMCG were a drag. The market breadth is negative with 1174 advances, against a decline of 1496 shares, while 144 shares are unchanged.
Major gainers were Tata Motors, Asian Paints, and Titan, while Sun Pharma, NTPC, BPCL and UltraTech Cement were losing sheen.
Among specific stocks, Tata Motors rose 3% on the back of higher global sales for Jaguar Land Rover, while Hindalco Industries ended 0.10 percent lower at Rs. 238.85
0 comments:
Post a Comment