ShareMarketLIVE | Sensex reclaims 30,000, Nifty tops 8,700 level

ShareMarketLIVE | Sensex reclaims 30,000, Nifty tops 8,700 level

As many as 20 stocks out of 30 Sensex stocks were trading in green, with IndusInd Bank as top gainer, up 8.9 per cent, followed by Tech Mahindra, Infosys and Axis Bank

Domestic equity market benchmarks Sensex and Nifty, extending the previous session’s rally, opened higher on Thursday on hopes of a multi-billion-dollar relief package by the Indian government. S&P BSE Sensex was trading 257 points or 0.90 per cent higher at 28,793, while the nroader Nifty 50 index was at 8430, up 120 points or 1.45 per cent. As many as 20 stocks out of 30 Sensex stocks were trading in green, with IndusInd Bank as top gainer, up 8.9 per cent, followed by Tech Mahindra, Infosys and Axis Bank. On the contrary, Maruti, Nestle India, Bharti Airtel and ITC were among top laggards on the Sensex. Most of the sectoral indices were trading in a positive territory. Nifty Bank gained 1.34 per cent led by IndusInd Bank, Bandhan Bank and Axis Bank. Similary Nifty IT index was also ruling higher driven by gains in NIIT Tech, Infosys and Tech Mahindra.
Union Finance Minsiter Nirmala Sitaraman to hold a press conference today, 26th March , at 1 pm onwards at National Media centre. It is expected that the FM will announce economic relief package to fight a downturn in the country that is currently locked down to stem the spread of coronavirus.




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