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Rediff.com  » Business » Sensex ends 239 pts higher on bank stocks

Sensex ends 239 pts higher on bank stocks

April 09, 2019 16:29 IST

Yes Bank was the biggest gainer in the Sensex pack, climbing 4.08 per cent, followed by Tata Motors, ICICI Bank, Bajaj Auto, Coal India, Hero MotoCorp, HCL Tech, Vedanta, Sun Pharma, Axis Bank, Maruti, ITC, IndusInd Bank, TCS, HUL and SBI, rising up to 2.67 per cent.

The BSE benchmark Sensex ended nearly 239 points higher on Tuesday on sustained buying in banking and auto stocks towards the fag-end of the session ahead of the earnings season.

After swinging over 350 points, the 30-share Sensex index settled 238.69 points, or 0.62 per cent, higher at 38,939.22.

 

In similar movement, the broader NSE Nifty rose 67.45 points, or 0.58 per cent, to 11,671.95.

After a highly volatile session, the market surged towards the fag-end of the trade with BSE bankex, auto, realty and metal indices gaining up to 1.40 per cent.

Yes Bank was the biggest gainer in the Sensex pack, climbing 4.08 per cent, followed by Tata Motors, ICICI Bank, Bajaj Auto, Coal India, Hero MotoCorp, HCL Tech, Vedanta, Sun Pharma, Axis Bank, Maruti, ITC, IndusInd Bank, TCS, HUL and SBI, rising up to 2.67 per cent.

On the other hand, Asian Paints, Infosys, Bharti Airtel, Bajaj Finance and ONGC were the losers, shedding up to 3.54 per cent.

Foreign institutional investors (FIIs) purchased Rs 329.60 crore on Monday, while domestic institutional investors (DIIs) sold equities to the tune of Rs 623.81 crore, provisional data available with stock exchanges showed.

Photograph: Shailesh Andrade/Reuters

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