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Nifty IT extends gains to over 3% as rebound strengthens; Infosys, TCS, HCL Tech lead, dominate Nifty gainers
All major IT stocks traded firmly higher on Wednesday, reversing losses from the previous session. The rally extended to midcap IT names as well.
Taking Stock: Markets rebound; Nifty reclaims 24,150, Sensex jumps 600 pts
Among the top gainers on the index were Maruti Suzuki India, Coal India, Tech Mahindra, ITC Limited, and Reliance Industries. On the downside, InterGlobe Aviation, Dr. Reddy's Laboratories, NTPC, ICICI Bank and Bajaj Finserv were among the key laggards.
Stellar Wealth Partners India Fund acquires 0.87% stake in Sakar Healthcare, Zerodha Broking buys Rs 93 crore worth of Nazara Tech shares
Shares of Sakar Healthcare Limited may have reacted positively to the bulk deal, soaring 16.16 percent to end at a record closing high of Rs 696.7 amid strong volumes on the National Stock Exchange. Strong buying interest was also seen in Nazara Technologies Limited as its shares surged 12.76 percent to Rs 299.95.
Taking Stock: Nifty ends near 23,150 in volatile trade; pharma, private banks rally
ICICI Bank, Kotak Mahindra Bank, Grasim, M&M, JSW Steel were among top gainers on the Nifty, while losers were Infosys, HCL Tech, Adani Ports, Trent, Eternal.
Live: Nifty unfazed by US-Iran tensions, ends week with gains | Closing Bell
Markets trade firm with NIFTY gaining 100 points above 25,550 and Sensex up 300 points, even as India VIX jumps 7%. IT stocks extend losses for the third straight day, while Bank, Metal and FMCG counters see strong buying. Top Gainers: Hindalco Industries, NTPC, Larsen & Toubro Top Losers: Tech Mahindra, Infosys, Bharti Airtel Catch Lovisha Darad in conversation with Ajit Mishra, SVP Research, Religare Broking and market expert Sunil Subramanian