Sensex rebounds, Nifty reclaims 8200 on global cues; Infosys up

Epic Update Infosys

The market bounced back after its early losses, tracking positive global cues. It shurgged off the RBI Governor Raghuram Rajan’s exit and started focussing on Britain’s referendum due on Thursday. Today’s global rally is on hopes that UK is unlikely to exit European Union.

The Sensex rose 66.94 points to 26692.85 and the Nifty advanced 12.55 points to 8182.75.

Infosys, L&T, TCS and Tata Motors gained a percent each while Axis Bank, Asian Paints, ICICI Bank, Lupin and Sun Pharma fell 0.5-1 percent.

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Posted in: Indian Market Tips