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Nifty reclaims 7700. Infy moves up by 5%

Markets Quiet Trades

Indian markets have resumed their buoyant journey and have seen a surge in today’s trade. Stocks from the banking space along with IT counters have seen gains.

The NSE Nifty has moved up by 16 points at 7666, while the BSE Sensex has moved up by 33 points at 25615.

Some of the FMCG majors are trading in the red today. Hindustan Unilever is among the top losers on the index with 2.3% losses. ITC has lost 1.3% to trade at 332. NTPC and SSLT have lost 1.4% further.

IT major is buzzing today with 5% gains seen on the counter. The stock is upto 3220 moving up by 145 rupees in today’s trade. TCS and Wipro have also followed the suite with 1.3% gains. Tech Mahindra has surged 1.6%.

Kotak Bank, Indus Ind Bank and Bank of Baroda have all seen surges of 1.8% and higher.
PSU Banking major SBI has seen a gain of 2%.

Other stocks that have moved up in the trade include Cipla, Asian Paints and Lupin.


 

 

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