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Wednesday, March 9, 2016

Sensex rebounds, Nifty reclaims 7500; HDFC Bank, RIL, L&T lead

Epic Update HDFC Bank

Equity benchmarks recouped losses in afternoon trade, supported by index heavyweights Reliance Industries, HDFC Bank, L&T and Infosys. Positive European equities opening also aided the market.
The 30-share BSE Sensex rose 52.40 points to 24711.63 and the 50-share NSE Nifty advanced 21.85 points to 7507.15 while the market breadth remained weak as about 1290 shares declined against 1119 advancing shares on the BSE.
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