Sensex ends above 53,000 for first time; Tata Steel, HDFC twins sparkle
The Hindu
Tata Steel topped the Sensex gainers’ chart, rallying 4.38%, followed by Bajaj Finserv, IndusInd Bank, HDFC, Nestle India, Asian Paints, Sun Pharma and PowerGrid
Equity benchmark Sensex jumped 194 points to close above the 53,000-mark for the first time on July 7, propelled by metal, finance and banking stocks, as investors were in buying mode ahead of a reshuffle of the Union Cabinet. However, a weakening rupee and lacklustre global cues capped the gains, traders said. Overcoming a choppy start, the 30-share BSE Sensex climbed 193.58 points or 0.37% to close at its fresh lifetime high of 53,054.76.More Related News