Sensex rises 86 pts, Nifty tops 11,850; IT, private bank stocks rally

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Clossing Bell: Sensex snaps 2-day losing streak, gains 86 pts; Nifty above 11,850; Infibeam surges 6%, Eros dives 15%




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Watch Sensex rises 86 pts, Nifty tops 11,850; IT, private bank stocks rally With HD Quality.

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    Sensex rises 86 pts, Nifty tops 11,850; IT, private bank stocks rally

    Clossing Bell: Sensex snaps 2-day losing streak, gains 86 pts; Nifty above 11,850; Infibeam surges 6%, Eros dives 15%




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    Watch Sensex rises 86 pts, Nifty tops 11,850; IT, private bank stocks rally With HD Quality

    News video | 347 views

  • Watch Sensex rises 86 pts, Nifty tops 11,850; IT, private bank stocks rally Video
    Sensex rises 86 pts, Nifty tops 11,850; IT, private bank stocks rally

    Clossing Bell: Sensex snaps 2-day losing streak, gains 86 pts; Nifty above 11,850; Infibeam surges 6%, Eros dives 15%




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    A sharp rally in banking and financial stocks helped benchmark indices snap out of intraday losses and end the first of the New Year on a firm footing on Tuesday. Sensex closed 186 points or 0.52 per cent higher at 36,255. Its NSE counterpart Nifty settled above the 10,900-mark at 10,910, up 48 points or 0.44 per cent.

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    Equity Benchmark indices opened on a positive note in early session on Thurday, driven by gains in auto and bank stocks. At 09:18 am, the BSE S&P Sensex was up by 160 points at 38,752.77 while the Nifty 50 gained by 54 points at 11,494.10. Trading is expected to be volatile as the Futures and Options (F&O) contracts for the September series expires today.

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    Defying the global markets, the benchmark Sensex gained over 200 points during the afternoon trade session on Friday as financial stocks gained.In addition, the sentiments were lifted as the Indian currency strengthened by over 30 paise on Friday to trade at 69.88 per dollar, against the previous close of 70.19 per dollar.The gains in the domestic currency impacted the export oriented sectors as IT stocks declined by 1.15 per cent and the Teck sectors lost 0.67 per cent.

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    Domestic equity benchmark BSE Sensex rallied over 350 points Wednesday driven by gains in banking and IT stocks, amid positive cues from global markets ahead of US Fed policy outcome. The 30-share index was trading 367.24 points, or 0.94 per cent, higher at 39,413.58 at 0930 hours. Similarly, the broader NSE Nifty was quoting 104.75 points, or 0.90 per cent, up at 11,796.25.




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    The domestic equity benchmark BSE Sensex was trading 173.41 points up at 35,765.91 on account of buying in frontline bluechip counters. The Nifty 50 index was trading 42.55 points up at 10,694.75.

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