Indices rebound as govt assures industry on virus scare

February 19, 2020 16:39

Benchmark Sensex rebounded over 428 points on Wednesday, snapping four days of losses, as investors took heart from a decline in new coronavirus cases in China and the Indian government's assurance on tackling the economic impact from the virus epidemic. Starting off on a strong footing, the BSE barometer gained strength during the session to touch a high of 41,357.16. The index finally settled at 41,323, clocking a gain of 428.62 points or 1.05 per cent.

Likewise, the NSE gauge Nifty shot up 133.40 points or 1.11 per cent to close at 12,125.90. On the Sensex chart, Bajaj Finance, HUL, RIL, ONGC and HDFC emerged as the top gainers. Among the major losers were Sun Pharma, TCS, Bharti Airtel, L&T and IndusInd Bank. -- PTI

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