By Aditya Raghunath
Investing.com -- Heavy buying in IT stocks took the Nifty 50 and BSE Sensex 30 up 0.66% and 0.74% respectively. Nifty reclaimed the 15,700 mark in style and is now at 15,790. Market experts say if it can sustain these levels and consolidate over the next few sessions, it can hit 16,000 – 16,100 levels.
Infosys Ltd (NS: INFY ) and Tata Consultancy Services Ltd. (NS: TCS ) led the winners’ list closing up 3.52% and 3.33% respectively. JSW Steel Ltd (NS: JSTL ), Tech Mahindra Ltd (NS: TEML ) and Larsen & Toubro Ltd (NS: LART ) gained over 2% each. Nifty Bank also gained momentum today to close up 0.73%.
Mukesh Ambani unveiled a Rs 75,000 crore new green energy business plan over the next three years. Adani (NS: APSE ) Green Energy Ltd (NS: ADNA ) dropped 2.89% today after the announcement. Investing.com has reported about RIL’s AGM today.
US stocks are seen opening higher Thursday, rebounding from losses during the previous session, amid optimism over the economic recovery. At the time of this report Dow Jones 30 Futures were up 0.57%, S&P 500 Futures were 0.5% higher and Nasdaq 100 Futures climbed 0.6%
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.