BusinessSensex Surges Over 1,400 Points, Nifty Near 11,700; ITC Shares Jump
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Sensex Surges Over 1,400 Points, Nifty Near 11,700; ITC Shares Jump
Corporate tax cut by government boosted investor sentiment, say analysts
GAIL, IndusInd Bank, Eicher Motors top percentage gainers on Nifty
HDFC Bank, ITC, L&T, HDFC, ICICI Bank contribute 600 points to Sensex
Sensex, Nifty today: Buying across sectors barring IT and pharma shares pushed the markets higher
At 1:05 pm, the Sensex traded 1,291.93 points - or 3.40 per cent - higher at 39,306.55, while the Nifty was up 373.65 points - or 3.31 per cent - at 11,647.85.
Top percentage gainers on the 50-scrip index at the time were Larsen & Toubro, IndusInd Bank, Bajaj Finserv, Bajaj Finance, ITC and Britannia, trading between 7.13 per cent and 8.91 per cent higher.
HDFC Bank, HDFC, ICICI Bank, L&T and ITC were the top contributors to th...