Sensex, Nifty settle higher for second straight day as Reliance, ICICI Bank gain
The Hindu
The 30-share BSE Sensex climbed 240.36 points or 0.38% to settle at 62,787.47.
Benchmark indices Sensex and Nifty closed higher for the second straight session on June 5, boosted by buying in index heavyweights Reliance Industries, ICICI Bank and M&M stocks amid a positive trend in global markets.
The 30-share BSE Sensex climbed 240.36 points or 0.38% to settle at 62,787.47. During the day, it jumped 396.09 points or 0.63% to 62,943.20.
The NSE Nifty advanced 59.75 points or 0.32% to end at 18,593.85.
From the Sensex pack, Mahindra & Mahindra climbed 3.81 per cent and Axis Bank advanced 2.68%, followed by Tata Motors, Larsen & Toubro, Tata Steel, ICICI Bank, Reliance Industries, Maruti, IndusInd Bank and Sun Pharma.
Asian Paints, Tech Mahindra, Nestle, Hindustan Unilever, Kotak Mahindra Bank and ITC were among the laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong ended in the green.
Equity markets in Europe were trading on a mixed note. The U.S. markets ended significantly higher on Friday.