Markets rally for 2nd day: Sensex jumps 874 points; Nifty tests 17,400
The Hindu
Markets in Europe were trading mostly higher in the afternoon session.
Equity markets maintained their winning momentum for the second day in a row on Thursday, with the Sensex surging over 874 points, propelled by index majors Reliance Industries, Infosys and HDFC twins amid a mixed trend in global markets.
The BSE benchmark Sensex zoomed 874.18 points or 1.53% to finish at 57,911.68. During the day, it jumped 954.03 points or 1.67% to 57,991.53.
The NSE Nifty rallied 256.05 points or 1.49% to 17,392.60.
From the 30-share Sensex pack, M&M, Maruti, Bajaj Finserv, Asian Paints, Reliance Industries, Kotak Mahindra Bank, HDFC, TCS, Sun Pharma, Infosys and IndusInd Bank were among the major gainers.
In contrast, Tata Steel, Nestle and Bharti Airtel were the laggards.
Elsewhere in Asia, markets in Tokyo and Seoul settled in the green, while Hong Kong and Shanghai ended lower.
Alma Medical Private Limited, the Indian subsidiary of the Israeli manufacturer that’s among the global innovators in lasers for medical, light-based, radiofrequency, and ultrasound solutions in the aesthetic, surgical and beauty (spa) markets, is expanding further into Asia, where it already has a strong presence, especially in India, China, Korea and Japan, apart from Australia.