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Sensex surges 1027 points led by IT firms

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Benchmark indices Sensex and Nifty continued to trade higher on Thursday, driven by a rally in IT stocks and easing crude oil prices.

At 10:30 hours, the 30-share benchmark index was trading at 73809.5 up by 1027.61 points or by 1.41 % and then NSE Nifty was at 22904.2 up by 281.5 points or by 1.24 %.

Sensex touched intraday high of 73818.29 and intraday low of 72896.38 The NSE Nifty touched intraday high of 22919.6 and intraday low of 22637.4

The top gainers of the BSE Sensex pack were Mahindra & Mahindra Ltd. (Rs. 1627.85,+3.29%), HCL Technologies Ltd. (Rs. 1371.50,+3.20%), Tata Consultancy Services Ltd. (Rs. 2368.65,+2.90%), Bharti Airtel Ltd. (Rs. 1848.30,+2.74%), Infosys Ltd. (Rs. 1116.80,+2.56%), among others.

The top gainers of the NSE Nifty pack were Mahindra & Mahindra Ltd. (Rs. 1626.60,+3.26%), Bharti Airtel Ltd. (Rs. 1850.50,+3.11%), HCL Technologies Ltd. (Rs. 1367.60,+3.06%), Maruti Suzuki India Ltd. (Rs. 11462.00,+2.54%), Tata Consultancy Services Ltd. (Rs. 2362.30,+2.49%), among others.

BSETECk index was at 15370.76 up by 330.24 points or by 2.2%. Mahindra & Mahindra Ltd. (Rs. 1627.85,+3.29%), HCL Technologies Ltd. (Rs. 1371.50,+3.20%), Tata Consultancy Services Ltd. (Rs. 2368.65,+2.90%), Bharti Airtel Ltd. (Rs. 1848.30,+2.74%), Infosys Ltd. (Rs. 1116.80,+2.56%),.

CGS index was at 74222.04 down by -993.74 points or by -1.32%. Bharat Heavy Electricals Ltd. (Rs. 441.70,-4.70%), CG Power and Industrial Solutions Ltd. (Rs. 826.00,-4.28%), Hitachi Energy India Ltd. (Rs. 29109.30,-3.98%), Siemens Energy India Ltd. (Rs. 3035.75,-3.49%), GE Vernova T&D India Ltd. (Rs. 4069.10,-2.89%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4137 , shares advanced were 1866 while 2016 shares declined and 255 were unchanged.