Sensex surges over 1200 pts; Nifty tops 8,700 level
26/03/2020 10:44
Domestic bourses continued to gain strength during the morning deals as all eyes are on Finance Minister Nirmala Sitharaman's economic package to cushion the economic impact of the lockdown to curb the spread of Covid-19, expected to be announced shortly.

At 10:38 hours, the 30-share benchmark index was trading at 29821.51 up by 1285.73 points or by 4.51 % and then NSE Nifty was at 8709.65 up by 391.8 points or by 4.71 %.

Sensex touched intraday high of 30099.91 and intraday low of 28566.34 The NSE Nifty touched intraday high of 8749.05 and intraday low of 8304.9

The top gainers of the BSE Sensex pack were IndusInd Bank Ltd. (Rs. 405.45,+34.61%), ICICI Bank Ltd. (Rs. 358.70,+13.10%), Axis Bank Ltd. (Rs. 366.55,+12.13%), Housing Development Finance Corporation Ltd. (Rs. 1811.85,+10.24%), Bajaj Auto Ltd. (Rs. 2093.90,+7.70%), among others.

The top losers of the BSE Sensex pack were Maruti Suzuki India Ltd. (Rs. 4995.95,-0.76%), ITC Ltd. (Rs. 146.50,-0.58%), Reliance Industries Ltd. (Rs. 1078.30,-0.27%), Oil And Natural Gas Corporation Ltd. (Rs. 61.35,-0.24%), HCL Technologies Ltd. (Rs. 447.55,-0.18%), among others.

Among the sectors, Bankex index was at 23192.42 up by 1870.71 points or by 8.77%. IndusInd Bank Ltd. (Rs. 405.45,+34.61%), ICICI Bank Ltd. (Rs. 358.70,+13.10%), Axis Bank Ltd. (Rs. 366.55,+12.13%), City Union Bank Ltd. (Rs. 150.20,+11.67%), Federal Bank Ltd. (Rs. 42.00,+9.52%),. CDS index was at 27288.96 down by -104.13 points or by -0.38%. Blue Star Ltd. (Rs. 520.05,-1.81%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 1898 , shares advanced were 1391 while 403 shares declined and 104 were unchanged.