Stocks Continue Momentum, L&T biggest drag in a week
March 19, 2019
markets indices extended its rally for the 7th consecutive trading session on
Tuesday, amid heavy buying in banks, IT and energy counters.
BSE sensitive index (Sensex) gained 268.40 points to close at 38,363.47 while
the Nifty50 of the NSE also gained 70.20 points to settle at 11,532.40
Tech, Bharti Infratel, Infosys, Reliance and ITC were among the major gainers
on the NSE. On the flip side, Eicher Motors, Hero MotoCorp, JSW Steel, Larsen
and Toubro (L&T) and Maruti Suzuki lost the most. L&T was the top drag
on the index, falling 1.37% to its lowest in a week.
sectoral indices spaces ended in the green barring Nifty auto and metal
indices. The Nifty PSU Bank index closed up 1.87% at 3176.3 with the leading constituents
viz. Bank of India (up 5.84%), Union Bank of India gained (up 4.66%) and PNB up
Energy index rose 1.60% to 16,593.90 on the day led by Reliance, NTPC, and HPL.
a positive market breadth on the NSE, there were 924 shares advances against 827
share declines, and 338 stocks unchanged.