Reliance, HDFC twins push Sensex to end higher by 2%

The Sensex ended 2% or 622 points higher at 30,818 and the NSE index, too, closed with gains of 2.1% or 187 points at 9,066 levels.

May 20, 2020 10:05 IST India Infoline News Service

BSE and NSE
Domestic equity indices extended its rally in the last hour of the trading session of Wednesday led by buying pressure in financials, Bank Nifty and pharma stocks. HDFC twins, Reliance Industries and L&T among top contributor to the Sensex gain.

The Sensex ended 2% or 622 points higher at 30,818 and the NSE index too closed with gains of 2.1% or 187 points at 9,066 levels. About 1,074 shares have advanced, 655 shares declined, and 388 shares are unchanged.  

Dr Reddy's Labs and HDFC surged 6%, M&M, GAIL and BPCL were among major gainers on the Nifty, while losers were Bharti Infratel, IndusInd Bank, Hero MotoCorp, Vedanta and Bharti Airtel.  

All the sectoral indices ended higher, with Nifty Pharma jumped over 4% followed by the auto, energy, Financial and Bank Nifty.

The rupee ended 14 paise lower at 75.80 against the US dollar as headwinds due to US-China trade tiff and worries over the second wave of coronavirus infection weighed on investor sentiment.

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