Sensex surges 590 points on firm global cues; IT stocks shine
The 30 stock S&P BSE Sensex surged 590.04 points or 1.06 per cent to close at 56,408.15 points at 10:00 am.
The Indian stock markets' key indices, Sensex and Nifty, opened in the green on Friday, led by strong buying support in Information Technology (IT) and technology stocks.
The 30 stock S&P BSE Sensex surged 590.04 points or 1.06 per cent to close at 56,408.15 points at 10:00 am.
The broader Nifty 50 of the National Stock Exchange closed 145.30 points or 0.87 per cent higher at 16,773.30 points.
There was strong buying support in IT and tech stocks.
Among the Information Technology stocks the major gainers included RPSG Ventures 12.01 per cent higher at ₹576.90; 3i Infotech 5.70 per cent higher at ₹51; Nelco Ltd Limited 5 per cent higher at ₹652.65.
Mindtree surged 2.93 per cent to ₹3149.25. Infosys climbed 2.87 per cent to ₹1551.20. Mphasis soared 2.63 per cent to ₹2651.30.
Nine of the 30 Sensex scrips closed in the red. UltraTech Cement, NTPC Limited, and Bharti Airtel were trading in the red.
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