Sensex, Nifty rebound nearly 1% on gains in auto, IT stocks
The Hindu
Maruti, M&M, Asian Paints, Bharti Airtel, TCS, Sun Pharma, Wipro, ICICI Bank and Hindustan Unilever were the major gainers.
Equity benchmark indices Sensex and Nifty bounced back on Thursday to close higher by nearly 1% on gains in banking, IT and auto shares amid mixed global trends.
The 30-share BSE Sensex rose by 443.19 points or 0.86% to settle at 52,265.72. During the day, it rallied 694.26 points or 1.33% to 52,516.79.
The NSE Nifty advanced 143.35 points or 0.93% to 15,556.65.
From the Sensex pack, Maruti, M&M, Asian Paints, Bharti Airtel, TCS, Sun Pharma, Wipro, ICICI Bank and Hindustan Unilever were the major gainers.
On the other hand, Reliance Industries, NTPC, Power Grid and UltraTech Cement were the laggards.
Elsewhere in Asia, stock markets in Hong Kong, Shanghai and Tokyo ended with gains while Seoul settled lower. European markets were trading in the red in mid-session deals.
The U.S. markets ended marginally lower on Wednesday.
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Asian Paints, Bajaj Finance, Axis Bank, Bajaj Finserv, Maruti Suzuki India and Kotak Mahindra Bank were the major gainers.
In the previous session, the rupee had closed at an all-time low of 79.33 against the U.S. dollar
Tesla said on Saturday it delivered 2,54,695 vehicles in the second quarter, down about 18% from the first quarter
‘$1,813 million has been pumped in across 39 firms, compared to $862 million in 25 firms during the same period last year’
Country’s June trade deficit widened to a record high of $25.63 billion from $9.61 billion a year earlier
It will also increase services to Japanese cities like Tokyo and Osaka
Retail disbursements during the quarter more than doubled to ₹11,431 crore
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