Sensex rises 340 factors to reclaim 40,000-mark, Nifty ends above 11,800

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Sensex rises 340 factors to reclaim 40,000-mark

Fairness benchmark Sensex on Thursday rose 340 factors to reclaim 40,000-mark, supported by strong shopping for in IT shares. In the meantime, the broader NSE Nifty rose 95.75 factors, or zero.82 per cent, to complete at 11,834.60. After hovering over 400 factors throughout the day, the 30-share index ended 303.72 factors, or zero.76 per cent, increased at 40,182.67. It hit an intra-day excessive of 40,468.88 and a low of 40,062.23.

Prime gainers within the Sensex pack included Ultratech Cement, TCS, HCL Tech, Infosys, HDFC Financial institution and Solar Pharma.

Tata Consultancy Providers (TCS) jumped over three per cent after it introduced a mega Rs 16,000 crore buyback plan at Rs three,000 per fairness share.

Then again, ONGC, ITC, PowerGrid, Reliance, Asian Paints and L&T ended within the crimson.

Elsewhere in Asia, bourses in Shanghai, Seoul and Tokyo ended increased, whereas Hong Kong closed with losses.

Inventory exchanges in Europe had been buying and selling increased in early offers.

Worldwide oil benchmark Brent crude was buying and selling 1.62 per cent increased at USD 42.67 per barrel.

Within the foreign exchange market, the rupee strengthened by 9 paise to settle at 73.24 towards the US greenback.

(With inputs from PTI)

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