Stocks bounce back after 4-day decline; FMCG, auto shares shine
The Hindu
Among Sensex constituents, Hindustan Unilever, Titan, Maruti, Larsen & Toubro, HDFC, Mahindra & Mahindra, Nestle and Bharti Airtel were the major gainers
Benchmark BSE Sensex rebounded by 344 points while Nifty closed above the 16,000 level in choppy trade on July 15, 2022, snapping the four-day falling streak on renewed buying interest from foreign funds and firm global trends.
The 30-share BSE barometer climbed 344.63 points or 0.65% to settle at 53,760.78. During the day, it jumped 395.22 points or 0.73% to 53,811.37.
The broader NSE Nifty advanced 110.55 points or 0.69% to 16,049.20.
Among Sensex constituents, Hindustan Unilever, Titan, Maruti, Larsen & Toubro, HDFC, Mahindra & Mahindra, Nestle and Bharti Airtel were the major gainers.
Tata Steel, Power Grid, HCL Technologies, Wipro, Dr Reddy's and Axis Bank were the laggards.
In Asia, markets in Seoul and Tokyo ended in the green, while Shanghai and Hong Kong settled significantly lower.
Markets in Europe were trading in the green during mid-session deals. The U.S. markets had ended on a mixed note on Thursday.