Sensex rallies over 400 points; Nifty tops 14,800
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IndusInd Bank was the top gainer in the Sensex pack and rose over 2 per cent, followed by M&M, NTPC, HDFC Bank, SBI, TCS, Asian Paints and Reliance Industries.
Equity benchmark Sensex rallied over 400 points in early trade on Friday, tracking gains in index majors HDFC twins, Reliance Industries and TCS amid positive cues from global markets.
The 30-share BSE index was trading 416.43 points or 0.85 per cent higher at 49,366.19 in initial deals. Similarly, the broader NSE Nifty surged 121.10 points or 0.82 per cent to 14,845.90.
IndusInd Bank was the top gainer in the Sensex pack and rose over 2 per cent, followed by M&M, NTPC, HDFC Bank, SBI, TCS, Asian Paints and Reliance Industries.
MUMBAI: Equity benchmark Sensex rallied over 400 points in early trade on Friday, tracking gains in index majors HDFC twins, Reliance Industries and TCS amid positive cues from global markets.
The 30-share BSE index was trading 416.43 points or 0.85 per cent higher at 49,366.19 in initial deals.
Similarly, the broader NSE Nifty surged 121.10 points or 0.82 per cent to 14,845.90.
IndusInd Bank was the top gainer in the Sensex pack and rose over 2 per cent, followed by M&M, NTPC, HDFC Bank, SBI, TCS, Asian Paints and Reliance Industries.
On the other hand, Bajaj Auto, PowerGrid, Bharti Airtel and Nestle India were among the laggards.
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Mumbai, May 6
Equity gauges Sensex and Nifty notched up gains for the second straight session on Thursday following hectic buying mainly in auto, financial and IT counters.
The BSE benchmark Sensex closed higher by 272.21 points or 0.56 per cent at 48,949.76. In volatile trade, the index oscillated between a high of 49,011.31 and a low of 48,614.11 during the day.
Similarly, the NSE Nifty ended with a gain of 106.95 points or 0.73 per cent at 14,724.80.
On the Sensex chart, Bajaj Auto, HDFC, Infosys, Tech Mahindra and ICICI bank emerged as the prominent gainers.
On the other hand, PowerGrid, ONGC, Bajaj Finserv, IndusInd Bank, and NTPC were the major laggards.
Sensex rises as Biden agrees to waive IP rights on Covid drugs: What else is impacting D-St
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Sensex rises as Biden agrees to waive IP rights on Covid drugs: What else is impacting D-StBy
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ONGC, Sun Pharma and Bajaj Auto were among the top gainers in early deals.
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NEW DELHI: Domestic equity benchmarks opened with gains on Wednesday as investors welcomed the United States decision to waive intellectual property rights on Covid-19 drugs. The move will likely aid the mass production of vaccines across the world taming the speed of the pandemic.
US President Joe Biden s decision to back waiving IP rights on vaccines is a big positive. This will quicken the vaccination process enabling countries like India to come out of the pandemic faster, said an analyst.
Sensex, Nifty trade flat; Tata Steel up 4%
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FIIs offloads shares worth ₹1,110.50 crore on Wednesday.
Market benchmark Sensex rose over 150 points in early trade on Thursday, tracking gains in index majors HDFC twins, ITC and Bajaj Finance amid largely positive cues from Asian peers.
The 30-share BSE index was trading 174.54 points or 0.36 per cent higher at 48,852.09 in initial deals.
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Similarly, the broader NSE Nifty advanced 69.05 points or 0.47 per cent to 14,686.90.
Bajaj Auto was the top gainer in the Sensex pack, gaining over 2 per cent, followed by Bajaj Finance, ITC, HDFC, Titan, Maruti and M&M.
On the other hand, HCL Tech, Sun Pharma, Bharti Airtel and PowerGrid were among laggards.