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Sensex rises 130 pts, Nifty ends at 7758.8

M&M, Bharti surge 4% M&M and Bharti Airtel topped buying list on Sensex

Policy Pulse
Publish Date: Apr 4 2016 4:24PM | Updated Date: Apr 5 2016 11:35AM

Sensex rises 130 pts, Nifty ends at 7758.8

 Equity benchmarks gained strength again in late trade. The Sensex rose 130.01 points to 25399.65 and the Nifty climbed 45.75 points to 7758.80. 

 
The market breadth remained strong throughout the session as about two shares advanced for every share declining on BSE. M&M and Bharti Airtel topped buying list on Sensex, up 4 percent followed by Infosys, Tata Motors and Hindalco with 2-3 percent upside while ITC, Axis Bank and Maruti Suzuki declined 1 percent each. 
 
Equity benchmarks gained strength again. The Sensex rose 128.81 points to 25398.45 and the Nifty advanced 46 points to 7759.05. About 1563 shares advanced against 969 declining shares on BSE.
 
The market remained choppy in afternoon trade with the Sensex rising 13.91 points to 25283.55 and the Nifty up 15 points at 7728.05. The market breadth continued to be positive as about 1422 shares advanced against 996 declining shares on BSE.
 
ITC, ONGC, Axis Bank, Coal India, HDFC and Bharti Infratel were down 1-2 percent while M&M, Bharti Airtel, Hindalco, Infosys, Tata Motors, Idea Cellular and Tata Power gained 2-5 percent. European markets attempted gains as investors tried to shake off the sharp slip in telecom stocks and eyed the fluctuation in oil prices. London's FTSE 100 was up 0.2 percent, while France's CAC 40 reversed losses to trade up 0.1 percent and Germany's DAX was up 0.2 percent.