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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