A maturing market amid the mayhem
Sensex recovers another 400 pts
The Nifty index rallied 122 points to close above the 4,200 mark.
Reliance Industries led the benchmark’s rise with a 3.5 percent jump. L&T’s rise of 4.1 percent also gave support.
The top Sensex gainers were Hindalco Industries (up 8.2 percent) and JP Associates (up 7.7 percent). Infosys (down 0.8 percent) was the only index component to close in the red.
All sectors ended with decent gains on BSE, with the realty index adding 8 percent and the metal index gaining 5.6 percent.
Top realty firm DLF gained over 7 percent while Unitech rose nearly 5 percent. Bhushan Steel rallied over 22 percent and was the top metal index performer.
With Wednesday’s rise, the Sensex has added over 850 points in two sessions. Do you think this trend will continue?