Sensex Gains 409 Points, Nifty At 10,800 Level

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Sensex Gains 409 Points, Nifty At 10,800 Level
PTI - 09 July 2020

Mumbai, July 9: Resuming its rise after a day's breather, equity benchmark BSE Sensex Thursday rallied 409 points tracking gains in HDFC twins and Reliance Industries amid positive cues from overseas markets.

After touching a high of 36,806.30 during the day, the 30-share index settled 408.68 points, or 1.12 per cent, higher at 36,737.69.

The NSE Nifty jumped 107.70 points, or 1.01 per cent, to finish at 10,813.45 level.

Bajaj Finance gained around four per cent as the top gainer in the Sensex pack; followed by SBI, Tata Steel, HDFC, Bajaj Finserv, HCL Tech and M&M. ONGC, Tech Mahindra, TCS, HUL and Maruti were among the laggards.

According to Narendra Solanki, equity research (Head), Anand Rathi, Indian markets opened on a positive note following upbeat Asian cues as positive economic data from China added to the momentum. During the afternoon session, the benchmarks scaled crucial levels as sentiments remained firm.

Meanwhile, bourses in Shanghai, Hong Kong, Tokyo and Seoul ended with significant gains. Stock exchanges in Europe too opened on a positive note.

Further, international oil benchmark Brent crude futures inched up 0.05 per cent to US dollar 43.31 per barrel. The rupee settled three paise higher at 74.99 against the US dollar.

Sensex Closed 346 Points Lower, Nifty At 10,705.75 Level
Sensex Closed 143 Points Lower On Weak Global Cues

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