Markets climb for fourth day; Sensex rallies 350 points to reclaim 63,000-mark
The Hindu
Rising for the fourth straight session, the 30-share BSE Sensex climbed 350.08 points or 0.56% to settle at 63,142.96
Benchmark equity indices ended with gains on June 7, logging their fourth day of rally amid fresh foreign fund inflows and a mixed trend in global markets.
The gains in metal, realty, oil & gas and industrials stocks also supported the market's rally.
Rising for the fourth straight session, the 30-share BSE Sensex climbed 350.08 points or 0.56% to settle at 63,142.96. During the day, it jumped 403.55 points or 0.64% to 63,196.43.
The NSE Nifty advanced 127.40 points or 0.68% to end at 18,726.40.
From the Sensex pack, Nestle, Tata Steel, Tata Motors, Bharti Airtel, Larsen & Toubro, Power Grid, NTPC, Tata Consultancy Services, Tech Mahindra, Infosys and Axis Bank were the major gainers.
Kotak Mahindra Bank, Maruti, Bajaj Finance, Mahindra & Mahindra and ICICI Bank were the laggards.
In Asian markets, Seoul, Shanghai and Hong Kong ended in the green, while Tokyo settled lower.
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