Tuesday 17 May 2016

Sensex rises 1%, Nifty firm above 7900; TCS, ICICI, L&T gain

Epic Update ITCEpic Update ITC

Equity benchmarks remained strong in afternoon trade, supported partly by European cues. The Sensex rallied 237.25 points to 25890.48 and the Nifty climbed 68.30 points to 7929.05. The broader markets gained half a percent.

HDFC, Axis Bank and ONGC were top contributors to Sensex’s gains, up 3-4 percent followed by TCS, ICICI Bank, L&T and ITC while HUL and NTPC fell 1.5-2 percent.

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