LIVE TV DownloadNews18 App
News18 English
»
1-min read

Sensex Rallies 342 Points, Nifty Tops 10,800; IT, Bank Stocks Soar

Top gainers in the Sensex pack include Yes Bank, TCS, Infosys, IndusInd Bank, HCL Tech, Bharti Airtel, HDFC, Sun Pharma, Bajaj Auto, ICICI Bank, Vedanta, Hero MotoCorp, ITC, Bajaj Finance, M&M and Tata Steel, surging up to 3.24 per cent.

PTI

Updated:February 25, 2019, 4:34 PM IST
facebookTwittergoogleskypewhatsapp
Sensex Rallies 342 Points, Nifty Tops 10,800; IT, Bank Stocks Soar
Representative image.
Loading...
Mumbai: The BSE Sensex zoomed 342 points and the NSE Nifty reclaimed the 10,800 mark on Monday, driven by IT and financial stocks, amid heavy foreign and domestic fund inflows.

The 30-share index ended 341.90 points, or 0.95 per cent, at 36,213.38; while the broader Nifty soared 88.45 points, or 0.82 per cent, to conclude the session at 10,880.10 after shuttling between 10,887.10 and 10,788.05.

The Sensex had shed 27 points in Friday's trade.

Covering up of short positions by speculators ahead of February derivatives expiry on Thursday also added to the momentum, brokers said.

Besides, other Asian markets scaling a five-month high and a higher opening of European shares after US President Donald Trump announced extension of the March 1 deadline for increasing tariff on import of Chinese products, as talks between the two sides were making "substantial progress", too boosted investor sentiment here.

Sentiments also got a lift after the GST Council at its meeting on Sunday slashed tax rates on under-construction housing properties to 5 per cent without input tax credit, from the existing 12 per cent, brokers said.

Top gainers in the Sensex pack include Yes Bank, TCS, Infosys, IndusInd Bank, HCL Tech, Bharti Airtel, HDFC, Sun Pharma, Bajaj Auto, ICICI Bank, Vedanta, Hero MotoCorp, ITC, Bajaj Finance, M&M and Tata Steel, surging up to 3.24 per cent.

On the other hand, Coal India, SBI, Kotak Bank, Asian Paints, L&T, ONGC, PowerGrid and RIL fell up to 0.37 per cent.

Meanwhile, foreign portfolio investors (FPIs) bought shares worth a net Rs 6,311.01 crore, while DIIs made purchases of Rs 838.88 crore on Friday, provisional data showed.
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Reliance 1,352.00 0.14
SBI 304.00 1.69
Mindtree 948.75 -1.43
Eicher Motors 21,770.05 -2.16
Jubilant Food 1,415.10 2.00
Company Price Change %Gain
Torrent Power 263.50 1.02
Eicher Motors 21,770.00 -2.25
Sun Pharma 471.75 1.18
Atul 3,350.00 0.98
Thermax 993.85 -0.79
Top Gainers
Company Price Change %Gain
Bharti Infratel 328.95 3.41
ONGC 159.45 3.10
Bharti Airtel 338.10 2.27
Hindalco 203.50 1.98
SBI 304.00 1.69
Company Price Change %Gain
ONGC 159.50 3.10
Bharti Airtel 337.80 2.16
SBI 303.70 1.76
Power Grid Corp 199.85 1.58
Sun Pharma 471.75 1.18
Top Losers
Company Price Change %Gain
Eicher Motors 21,770.05 -2.16
Hero Motocorp 2,615.75 -2.01
Larsen 1,352.25 -1.93
Adani Ports 363.85 -1.40
TCS 2,004.25 -0.92
Company Price Change %Gain
Hero Motocorp 2,615.60 -2.09
Larsen 1,352.85 -1.89
Bajaj Auto 2,976.10 -0.94
TCS 2,004.70 -0.82
Maruti Suzuki 6,865.30 -0.65

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results