Share Market extends winning rally; Nifty above 8,300 mark

Stock-tips

Stock benchmark indices advanced over 6 percent as force picked up momentum in the afternoon session on Wednesday amid nationwide lock-down implemented to mitigate the spread of the COVID19 pandemic.

The Sensex closed 1861 points at 28531 while the NSE Nifty zoomed 516 points at 8317.85.

Leading gainers in the Nifty were Reliance Industries, which climbed 13.84 percent to Rs.1,074-per share, followed by HDFC Bank, Kotak Bank, UPL and Maruti Suzuki, up over 12 and 10 percent each.

Other gainers were Grasim, Adani Ports, HDFC, Axis bank and Bajaj Finserve ICICI Bank and Maruti between 10 and 9 percent higher. Among the losers were IndusInd Bank, IOC, Coal India, Wipro and Gail India.

Among sectors, significant buying was witnessed in the Banking, financial, auto, Media and sectors pushed the markets higher. The Nifty Bank index was up 8.43 percent, led by HDFC Bank, Kotak bank and Axis Bank. Track latest stock market today updates, from here.

Reliance, ICICI Bank, HDFC Bank, Axis Bank, HDFC,Bajaj Finance, SBIN, IndusInd Bank And Infyosys.

Shares of AU-Small Finance Bank closed 10 percent lower to touch a new one-year- low today at Rs. 472.60 –per share.

Shares in ACC were also weak and slipped to a one-year-year low and closed at Rs. 911.50- down by 3.82 percent from the previous close.

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