Sensex snaps 2-day losing run

April 22, 2021 17:09

Equity benchmarks darted up on Thursday after two sessions of losses as investors piled into banking and finance stocks even as the deteriorating COVID-19 situation remained a concern.

The benchmarks were propped up by bargain-hunting in select frontline counters as well as supportive global cues, traders said.

After skidding 501 points in the opening session, the 30-share BSE Sensex pared all losses to end 374.87 points or 0.79 per cent higher at 48,080.67. Similarly, the broader NSE Nifty jumped 109.75 points or 0.77 per cent to finish at 14,406.15.

ICICI Bank was the top gainer in the Sensex pack, spurting 3.60 per cent, followed by HDFC, Bajaj Auto, HDFC Bank, SBI, Kotak Bank, Bajaj Finance and Axis Bank. On the other hand, Titan, HUL, Asian Paints, Nestle India, UltraTech Cement and Tech Mahindra were among the laggards, shedding up to 2.75 per cent.

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