Sensex surges 376 points in line with global rally

June 16, 2020 16:05

Equity benchmark Sensex rallied 376 points on Tuesday, led by index heavyweights HDFC twins, ICICI Bank and Infosys amid strong cues from global equities. The 30-share index, however, briefly turned negative in afternoon session after escalation in India-China border tension, but managed to recoup losses and settled 376.42 points, or 1.13 per cent, higher at 33,605.22.

Similarly, the NSE Nifty closed 100.30 points, or 1.02 per cent, up at 9,914. HDFC Bank was the top gainer in the Sensex pack, jumping around 4 per cent, followed by HDFC, ICICI Bank, Infosys, Kotak Bank and Hero MotoCorp.

On the other hand, IndusInd Bank, Tech Mahindra, Axis Bank and ITC were among the laggards. According to traders, Dalal Street was enthused by positive cues from global markets after US Federal Reserve launched a massive programme to support Main Street businesses hit by the virus lockdown. --PTI

« Back to LIVE

TOP STORIES

Harvey Weinstein's 2020 rape conviction overturned

In a pivotal turn of events, the New York Court of Appeals has overturned renowned Hollywood producer Harvey Weinstein's 2020 rape conviction, marking a significant development in the legal saga that unfolded in the wake of the #MeToo...

Has Govinda Forgiven Krushna Abhishek?

Govinda surprised everyone by attending his niece Arti Singh's wedding.

Indian-origin man killed while evading arrest in US

A 42-year-old Indian-origin man in the United States was shot and killed by police in San Antonio after he struck two officers with his vehicle as they were trying to arrest him in connection with an aggravated assault case against a woman.

Modi is scared, he may cry on stage: Rahul

The former Congress chief accused Modi of 'diverting public attention' through various means.

Swapnil reveals how RCB bowlers stopped the rampaging SRH batters

Following his side's win over Sunrisers Hyderabad, Royal Challengers Bengaluru (RCB) bowling all-rounder Swapnil Singh said that the ball was stopping and the team felt that their 207-run target was defendable.