Friday, 20 April 2018

Sensex, Nifty recover from day’s lows, thanks to IT stocks; TCS nears $100 billion market cap

Held by huge gains on technology stocks, the market on Friday managed to end a largely negative day on a flat note. Benchmark indices managed to end just below the flatline.
Gains in firms such as HDFC Bank, Kotak Mahindra Bank, TCS and Infosys helped the market hold steady.
Among sectoral indices, majority of them ended in the red, with maximum bleeding visible in Nifty PSU bank index. But Nifty IT index stood out, with gains of around 5 percent on the back of strong upmove in TCS.
Read more--Stocks update

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