Sensex up 473 pts, Nifty ends above 7400 on global rally

The market snapped two-day losses on Friday. The Sensex rallied 473.45 points or 1.98 percent to 24435.66 and the Nifty surged 145.65 points or 2 percent to 7422.45, tracking global rally and oil rebound. The BSE Midcap index gained 1.9 percent and Smallcap surged 2.25 percent.

More than three shares advanced for every share declining on the Bombay Stock Exchange.

GAIL, Hindalco Industries, Maruti Suzuki, Tata Steel, Hero Motocorp and M&M were top gainers, rising 5-8 percent while Bharti Airtel and Idea Cellular lost 3.36 percent and 6.23 percent, respectively.

 

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Indian ADRs: HDFC Bank slips; Infosys, ICICI Bank gain

Indian ADRs ended mwall_street_new1_2544_356ixed on Thursday.

In the IT space, Infosys was up 0.45 percent at USD 17.87.

Wipro gained 0.14 percent at USD 11.31.

In the banking space, ICICI Bank added 0.21 percent at USD 6.77.

HDFC Bank shed 0.28 percent at USD 54.29.

In the other sectors, Tata Motors was down 0.01 percent at USD 24.46.

Dr Reddy’s Laboratories fell 0.67 percent at USD 41.22.

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