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Home» Business»Sensex, Nifty post best day in nearly 5 months

Sensex, Nifty post best day in nearly 5 months

Saheli 18 Oct 2016 Business Comments Off on Sensex, Nifty post best day in nearly 5 months 327 Views

A broker laughs while speaking to a colleague, as they trade on their computer terminals at a stock brokerage firm in Mumbai, March 4, 2015. REUTERS/Shailesh Andrade/Files

Indian shares gained most in nearly five months on Tuesday, bouncing back from the previous session’s multi-month lows, led by financial stocks such as ICICI Bank, while companies including Zee Entertainment Enterprises Ltd and Tata Steel Ltd rose on short-covering.

The benchmark Sensex closed up 1.89 percent at 28,050.88, while the broader Nifty ended 1.85 percent higher at 8,677.90. Both the indexes posted their biggest gain since May 25.

Among the gainers, ICICI Bank rose 4.5 percent.

Tata Steel rose 3.44 percent after falling nearly 2 percent in the last three sessions, while Zee Entertainment gained 2.28 percent after shedding 12 percent in the previous four sessions.

[Source:-Reuters]

5 best day in months nearly Nifty Post Sensex 2016-10-18
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Posted by : Saheli
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