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Sensex jumps nearly 180 points, Nifty reclaims 10,700 mark

Sensex jumped 179.79 points or 0.66 percent to 35,649.94 while the Nifty rose 66.35 points 66.35 percent to 10,729.85.

Sensex jumps nearly 180 points, Nifty reclaims 10,700 mark

New Delhi: Amidst strong recovery in infra and IT stocks, the Sensex rebounded from day's sharp losses while the Nifty reclaimed 10,700 mark.

Sensex, which had fallen close to 700 points in the day, jumped 179.79 points or 0.66 percent to 35,649.94 while the Nifty rose 66.35 points 66.35 percent to 10,729.85.

The strong recovery was led by the financial sectors that ended with 0.80 per cent gains on the BSE while on the NSE, only the export-oriented Nifty IT and pharma index ended lower.

The biggest gainers on both bourses were Bharti Airtel, HDFC duo, L&T, Bajaj Auto, Kotak Bank, Reliance Industries, Axis Bank, ICICI Bank, SBI, ITC and Bajaj Finance, rising up to 4 percent.

On the other hand, Sun Pharma, Yes Bank, TCS, NTPC, Tata Motors, Infosys and ONGC fell up to 2 percent.

On a net basis, foreign portfolio investors (FPIs) sold shares worth Rs 577.10 crore Monday, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 186.14 crore, provisional data available with BSE showed.

With Agency Inputs