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sensex: Sensex snaps 3-day winning streak dragged by IT, banks; HCL Tech down 3%

sensex: Sensex snaps 3-day winning streak dragged by IT, banks; HCL Tech down 3%
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Market closes on a positive note led by pharma, financials - The Hindu BusinessLine


Market closes on a positive note led by pharma, financials
May 05, 2021
Sensex up 424 points at closing, Nifty 50 above 14,600
The benchmark indices extended gains through the day, closing in the green on Wednesday, with pharma and financials leading the rally.
The market, which opened on a positive note gained further in the second half as it welcomed the recent measures announced by RBI Governor Shaktikanta Das to provide liquidity support, which is likely to provide some relief to investors.
The BSE Sensex closed at 48,677.55, up 424.04 points or 0.88 per cent. It hit an intra-day high of 48,742.72 and a low of 48,254.32. The Nifty 50 closed near the day’s high of 14,637.90 at 14,617.85, up 121.35 points or 0.84 per cent. It hit an intra-day low of 14,506.60. ....

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