The market continues to trade strong amid buying across sectors. Both equity benchmarks shot up over 2% in the later afternoon trade. The relief rally has been supported majorly by banks, capital goods, metals and technology stocks. The Sensex was up 350 points at 15,867.85 and the Nifty gained 106 points at 4,742.60.
Shares of country's largest lenders SBI and ICICI Bank rallied over 3.5%; Kotak Mahindra Bank shot up 6.6%, and HDFC Bank & HDFC rose 1-2%.
Capital goods majors L&T and BHEL surged 4.5% and 3.4%, respectively. Among technology stocks, Infosys and TCS gained 1.5-3% whereas Wipro jumped 4%.
Index heavyweights Reliance Industries and Bharti Airtel were up 2% each.
In the metal space, Coal India, Jindal Steel and Tata Steel moved up 5% each; Sesa Goa, Sterlite and Hindalco gained 3-3.5%.
Rate sensitives like Tata Motors and DLF shot up 5% each. However, Hero Motocorp and M&M were only losers in Sensex falling around 1.5%
Shares of country's largest lenders SBI and ICICI Bank rallied over 3.5%; Kotak Mahindra Bank shot up 6.6%, and HDFC Bank & HDFC rose 1-2%.
Capital goods majors L&T and BHEL surged 4.5% and 3.4%, respectively. Among technology stocks, Infosys and TCS gained 1.5-3% whereas Wipro jumped 4%.
Index heavyweights Reliance Industries and Bharti Airtel were up 2% each.
In the metal space, Coal India, Jindal Steel and Tata Steel moved up 5% each; Sesa Goa, Sterlite and Hindalco gained 3-3.5%.
Rate sensitives like Tata Motors and DLF shot up 5% each. However, Hero Motocorp and M&M were only losers in Sensex falling around 1.5%
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