Sensex rallies over 1100 pts on COVID-19 pkg

March 27, 2020 10:03

Bharti Airtel, HCL Tech, TCS were the top losers.

Equity benchmark Sensex surged over 1,100 points in opening session on Friday led by gains in banking stocks ahead of Reserve Bank Governor Shaktikanta Das' address. Positive cues from the global markets too enthused investor sentiment here. The 30-share BSE barometer was trading 1,140.10 points or 3.81 per cent higher at 31,086.87.

Similarly, the NSE Nifty zoomed 367.10 points, or 4.25 per cent, to 9,008.55. IndusInd Bank was the top gainer in the Sensex pack, rallying up to 20 per cent, followed by Axis Bank, SBI, Bajaj Finance, ICICI Bank, HDFC Bank and M&M.

On the other hand, Bharti Airtel, HCL Tech, TCS and Bajaj Auto were the top losers. In the previous session, equity benchmarks surged for the third straight session, logging their best three-day gains in years, after the government's much awaited stimulus measures for coronavirus lockdown-hit segments lifted sentiments.

The BSE gauge surged 1,410.99 points or 4.94 per cent to settle at 29,946.77; while the Nifty shot up 323.60 points or 3.89 per cent to 8,641.45. -- PTI

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