BusinessIndia

Sensex advances by 769.16 pts till noon trade

Mumbai, Mar 24 (GCBusiness) The equity market which was jumped by 1400 points in opening trade on Tuesday, was seen calm in noon trade as the Sensex was trading at 26,750.40 advancing by 769.16 points as buying was seen in Materials,Energy, FMCG, Health Care and IT stocks.

The Nifty of National Stock Exchange was up by 168.35 pts to 7778.60.

Meanwhile, the benchmark Sensex recovered over 1,400 points in opening session on Tuesday tracking gains in Asian peers after US Federal Reserve announced limitless bond-buying programme to support the US economy.
Investor sentiment in Asia improved in anticipation of a revival in demand from the economic giant, traders said.
The sectoral indices that boosted the market were FMCG, Health Care, IT and Energy.

In scrips, Infosys was the start gainers up by 7.79 per cent followed by Hind Unillever, Sun Pharma and Nestle India.

The gainers were Infosy by 7.79 per cent to Rs 567.75, Hind Unilver by 6.75 per cent to Rs 1998.90, Sun Pharma by 5.85 per cent to Rs 342.95 and Nestle India by 5.56 per cent to Rs 13654.05.

The losers were ITC by 2.48 per cent to Rs 149.95, Titan by 2.42 per cent to Rs 778.75, Bajaj Auto by 2.17 per cent to Rs 1895.50.

The total number of COVID-19 cases in India stood at 482, the Indian Council of Medical Research said.
As cases of the viral infection surged in the past few days, authorities have put almost the entire country under lock down, banning gathering of people and suspending road, rail and air traffic till March 31.

The number of global Coroavirus infections has shot past 3,80,000. Worldwide fatalities topped 16,500.

Source
Via UNI-India

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