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Share Market Highlights: Sensex ends 483 pts up, Nifty settles above 9,300; personal banks, IT shares lead the rally

 

Nifty IT index jumped 4.43 per cent led by features in NIIT Tech, TCS, Infosys and MindTree. On the flip aspect, Nifty FMCG index dropped over 1 per cent

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Bulls continued their profitable run on Dalal Street on Thursday with BSE Sensex ending 483 factors or 1.54 per cent greater at 31,863. The broader Nifty 50 index settled 126 factors or 1.38 factors up at 9,314. Index heavyweights similar to Infosys, Kotak Mahindra, HDFC Bank and TCS had been among the many high contributors to the index. Out of 30 Sensex shares that represent S&P BSE Sensex, 14 shares settled in adverse territory with Titan as the highest loser, down 4.18 per cent, adopted by HUL, Power Grid and NTPC. The high Sensex gainers had been Kotak Mahindra Bank, TCS, HCL Tech, ONGC and RIL. Barring Nifty FMCG and Nifty PSU Bank index, all of the sectoral indices led to inexperienced right this moment. Nifty IT index jumped 4.43 per cent led by features in NIIT Tech, TCS, Infosys and MindTree. On the flip aspect, Nifty FMCG index dropped over 1 per cent weighed by weak spot in Hindustan Unilever, Marico and Colgate-Palmolive.

The authorities on Wednesday held one other assembly of the Cabinet however the watch for a much-anticipated aid package deal to stop large-scale job losses and rebuild the financial system, devastated by the Covid-19 pandemic and a nation-wide lockdown, simply obtained longer. Briefing media after the Cabinet assembly, data and broadcasting minister Prakash Javadekar stated the financial package deal can be introduced as and when it’s prepared.

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