Stock markets rally for 6th day running on buying in HDFC Bank, L&T, RIL
The Hindu
Benchmark BSE Sensex rallied 333 points to extend its winning run to a sixth straight session.
Benchmark BSE Sensex rallied further 333 points to extend its winning run to a sixth straight session on Friday driven by buying in index heavyweights HDFC Bank, Larsen & Toubro and Reliance Industries.
Shrugging off weak global market trends, the BSE Sensex jumped 333.35 points or 0.50% to close at 66,598.91. During the day, it climbed 501.36 points or 0.75% to 66,766.92.
The broader Nifty advanced 92.90 points or 0.47% to settle at 19,819.95, rising for a sixth session in a row.
Nifty has gained 473 points or three3% in the six trading sessions while Sensex rallied 1,434 points or 2.41%.
From the Sensex pack, NTPC, Tata Motors, Larsen & Toubro, Bajaj Finserv, Bharti Airtel, HDFC Bank, Reliance Industries, Titan, Power Grid and State Bank of India were the major gainers.
ITC, UltraTech Cement, Tech Mahindra, Tata Steel, Wipro, Tata Consultancy Services and JSW Steel were among the laggards.
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