Sensex recovers 100 pts on narrowing CAD, global cues

June 17, 2016 18:13

Market benchmark Sensex rebounded by 100 points to finish at 26,625.91 on gains in FMCG, auto and realty stocks, driven by a lower current account deficit and trade gap coupled with revival in global cues.

For the week, the BSE Sensex shed 9.84 points while the NSE Nifty moved up by 0.15 points. HDFC Ltd surged 2.21 per cent to Rs 1,227.80 after HDFC Standard Life Insurance said it had agreed with Max Financial Services and subsidiary Max Life Insurance to open merger talks. Max Financial jumped 10.29 per cent to Rs 472.80.

Image: KBK Graphics

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