Markets extend gains for second session on fresh foreign fund inflows; IT stocks shine
The Hindu
After slipping briefly during the late afternoon trade, the 30-share BSE Sensex made a quick recovery and jumped 178.58 points or 0.25% to settle at 72,026.15
Benchmark stock indices Sensex and Nifty closed higher for a second straight day on January 5, following gains in IT, tech and capital goods shares amid fresh foreign capital inflows.
After slipping briefly during the late afternoon trade, the 30-share BSE Sensex made a quick recovery and jumped 178.58 points or 0.25% to settle at 72,026.15. During the day, it soared 308.91 points or 0.42% to 72,156.48.
The Nifty climbed 52.20 points or 0.24% to 21,710.80.
Among the Sensex firms, Larsen & Toubro, Tata Consultancy Services, Infosys, HCL Technologies, Hindustan Unilever, Axis Bank, ICICI Bank and Wipro were the major gainers.
Nestle India, Asian Paints, JSW Steel, Kotak Mahindra Bank and HDFC Bank were among the losers.
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