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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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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.

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.

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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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