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Thursday, 3 March 2016
Today's Indian Share Market Rallies
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The S&P BSE Sensex surged over 200 points in early morning trade on Thursday, led by gains in Infosys, HDFC, RIL, HDFC Bank, and Tata Motors.The Nifty50 reclaimed its crucial level of 7400 supported by gains in IT, metal, auto, oil & gas, and power stocks.
The Sensex jumped nearly 2 percent on Wednesday to post its best two-day gain in almost seven years, led by banking stocks after the Reserve Bank of India (RBI) eased capital requirement rules, while other blue chips gained tracking a rally in Asian markets.
The S&P BSE Sensex surged over 200 points in early morning trade on Thursday, led by gains in Infosys, HDFC, RIL, HDFC Bank, and Tata Motors.The Nifty50 reclaimed its crucial level of 7400 supported by gains in IT, metal, auto, oil & gas, and power stocks.
RBL Bank stock dropped 3% after its asset quality deteriorated in October-December quarter sequentially.
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