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RIL, IT Stocks Build Upon Benchmark Gains as Shine

by Economy India
October 6, 2021
Reading Time: 1 min read
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SHARESHARESHARESHARE

The Sensex and Nifty defied gravity for the second straight session on Tuesday as energy, IT and banking counters witnessed brisk buying amid mixed global cues.

The 30-share BSE Sensex opened weak but gained momentum in afternoon trade to finish at 59,744.88, up 445.56 points or 0.75 per cent.

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On similar lines, the broader NSE Nifty surged 131.05 points or 0.74 per cent to close at 17,822.30.

Benchmark Gains

IndusInd Bank topped the Sensex gainers chart with a jump of 4.60 per cent, followed by Bharti Airtel, Reliance Industries, HCL Tech, Titan, Asian Paints and TCS.

Index heavyweight Reliance Industries and the IT pack accounted for most of the benchmark’s gains.

In contrast, Sun Pharma, PowerGrid, ITC, UltraTech Cement, Tata Steel and Nestle India were among the laggards, slipping up to 1.36 per cent. The market breadth was in favour of the bulls, with 20 of the 30 index components closing in the green.

()

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Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

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