Markets back to winning ways

August 21, 2020 17:26

Benchmark indices resumed their ascent on Friday after a day's breather as investors flocked to banking and power stocks amid a rebound in global markets. After rallying 359 points during the day, the 30-share BSE Sensex ended 214.33 points or 0.56 per cent higher at 38,434.72. Similarly, the NSE Nifty rose 59.40 points or 0.53 per cent to close at 11,371.60. NTPC was the top performer in the Sensex pack, rallying 4.75 per cent, followed by Asian Paints, PowerGrid, HDFC Bank, Nestle India, Sun Pharma, SBI and Axis Bank. On the other hand, ONGC, Bharti Airtel, Tata Steel and Reliance Industries were among the laggards, shedding up to 1.34 per cent.

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