Markets continue to rally for 7th day running
The Hindu
Mkt indices extend rally for 7th day; Reliance, TCS add to momentum. Sensex up 293.7 pts, Nifty 95 pts.
Equity benchmark indices extended their rally for the seventh day running on September 11 as investors continued to remain optimistic about the domestic markets.
Buying in index majors Reliance Industries and Tata Consultancy Services also added to the winning momentum in equities.
The 30-share BSE Sensex climbed 293.7 points to 66,892.61 in early trade. The Nifty advanced 95 points to 19,914.95.
Among the Sensex firms, HCL Technologies, Maruti, State Bank of India, Tata Consultancy Services, Tata Motors, Wipro, Nestle, Reliance Industries, Larsen & Toubro and UltraTech Cement were the major gainers.
IndusInd Bank and Bharti Airtel were the laggards.
In Asian markets, Shanghai quoted with gains while Seoul, Tokyo and Hong Kong traded lower.
The U.S. markets ended in the positive territory on September 8.
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