IT and pharma stocks led the rally while banks and oil & gas declined. Sun Pharma was up 4 percent while TCS, Tata Power, Infosys and Dr Reddy's Labs were other gainers in the Sensex. Among the losers were HDFC Bank, ONGC, GAIL, Axis Bank and Reliance.
Optimism and euphoria drove market sentiment with both the benchmark indices hitting record high. The Sensex managed to shut above 26000, up 138.02 points or 0.53 percent at 26100.08. The Nifty tad lower than the 7800-level, at 7787.15, up 35.55 points or 0.5 percent. About 1709 shares advanced, 1379 shares declined, and 92 shares were unchanged. IT and pharma stocks led the rally while banks and oil & gas declined. Sun Pharma was up 4 percent while TCS, Tata Power, Infosys and Dr Reddy's Labs were other gainers in the Sensex. Among the losers were HDFC Bank, ONGC, GAIL, Axis Bank and Reliance.
Optimism and euphoria drove market sentiment with both the benchmark indices hitting record high. The Sensex managed to shut above 26000, up 138.02 points or 0.53 percent at 26100.08. The Nifty tad lower than the 7800-level, at 7787.15, up 35.55 points or 0.5 percent. About 1709 shares advanced, 1379 shares declined, and 92 shares were unchanged. IT and pharma stocks led the rally while banks and oil & gas declined. Sun Pharma was up 4 percent while TCS, Tata Power, Infosys and Dr Reddy's Labs were other gainers in the Sensex. Among the losers were HDFC Bank, ONGC, GAIL, Axis Bank and Reliance.
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