Sensex, Nifty rise for second day on encouraging macro data, firm global trend
The Hindu
The BSE benchmark Sensex climbed 240.98 points or 0.37% to settle at 65,628.14
Benchmark equity indices Sensex and Nifty rallied for the second straight session on September 4 following encouraging domestic macroeconomic data amid a firm trend in global markets.
Fresh foreign fund inflows and intense buying in IT and commodity stocks also bolstered sentiment, traders said.
The BSE benchmark Sensex climbed 240.98 points or 0.37% to settle at 65,628.14. During the day, it jumped 296.75 points or 0.45% to 65,683.91.
The Nifty rose 93.50 points or 0.48% to end at 19,528.80.
Wipro was the biggest gainer in the Sensex pack, rising 4.34%, followed by HCL Tech, UltraTech Cement, Tata Steel, Tech Mahindra, NTPC, Infosys, Power Grid, Tata Consultancy Services and State Bank of India.
Mahindra & Mahindra, ITC, Axis Bank, Nestle, Kotak Mahindra Bank and Asian Paints were among the laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong ended with gains.
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