City
Epaper

Sensex ends 329 points higher to reclaim 35k, IT stocks surge

By IANS | Updated: June 26, 2020 18:50 IST

Mumbai, June 26 The Indian stocks market rose on Friday with S&P BSE Sensex reclaiming the 35,000 mark....

Open in App

Mumbai, June 26 The Indian stocks market rose on Friday with S&P BSE Sensex reclaiming the 35,000 mark.

The rise in global equity markets supported the investors' sentiment in India.

Besides, healthy buying in IT and oil and gas stocks pulled the indices higher. The S&P BSE IT index rose by 5.06 per cent and the BSE Oil and gas index rose by 2.75 per cent.

Rahul Sharma, Research Head, Equity99 Advisors, said: "After Thursday's expiry and strong roll-over in the derivate segment, the market today traded on a strong note led by strong gains in technology stocks. Strong buying support was seen by high-net worth-investors and institutions."

The BSE Sensex closed at 35,171.27, higher by 329.17 points or 0.94 per cent from the previous close of 34,842.10.

It had opened at 35,144.78 and touched an intra-day high of 35,254.88 and a low of 34,910.34 points.

The Nifty50 on the National Stock Exchange closed at 10,383.00, higher by 94.10 points or 0.91 per cent from its previous close.

The top gainers on the Sensex were Infosys (up 6.94 per cent), TCS (up 5.21 per cent), IndusInd Bank (up 3.64 per cent), while the major losers were ITC (down 3.54 per cent), Bajaj Finance (down 3.33 per cent) and Kotak Mahindra Bank (down 3 per cent).

( With inputs from IANS )

Tags: Standard & Poor'sindiamumbaiNational Stock ExchangeRahul Sharma
Open in App

Related Stories

MumbaiMumbai: Four Duped of Rs 15.25 Lakh in Fake Government Job Racket Scam, Two Booked

MumbaiMumbai Shocker: Man Attacked with Beer Bottle Over Hafta in Chembur, 5 Accused Arrested

MumbaiMumbai: 21-Year-Old Engineering Student Jumps To Death From Sathe College in Vile Parle

Other SportsINDIA'S TENNIS CRICKET LEGENDS AND UPCOMING STAR PLAYERS MEET UP IN MUMBAI

MumbaiMumbai Metro Line 3: Leaks and Damp Walls Raise Safety Concerns At BKC Aqualine Station (See Post)

Business Realted Stories

BusinessChintan Research Foundation to focus on evidence-based research: Pranav Adani

BusinessAshwini Vaishnaw meets Russian Deputy PM, discusses rare earth metals and infrastructure

BusinessElsa-3 shipwreck: Kerala mulling admiralty suit against MSC shipping company

BusinessIndia needs a scale of transformation to become 'Viksit Bharat' by 2047: Pranav Adani

BusinessAir India flights to be hit from June 21 to July 15 due to Boeing checks