| Log in
Photo Credit: Reuters

Sensex snaps 5-day losing streak as IT stocks gain

20 March, 2018

Indian shares ended higher on Tuesday, reversing a recent spell of declines, as IT stocks such as Infosys Ltd and Tech Mahindra Ltd advanced, but broader gains were capped by losses in energy and material stocks.

The broader NSE Nifty closed up 0.3 percent at 10,124.35, after four sessions of losses. The benchmark BSE Sensex ended 0.22 percent higher at 32,996.76, ending a five-day losing streak.

The Nifty IT index ended 1.51 percent higher after three sessions of losses. Shares in Infosys rose 1.6 percent, while Tech Mahindra advanced 3.9 percent.

Meanwhile, refiner Indian Oil Corp Ltd slipped 2.3 percent, while miner Vedanta Ltd was the top loser on the index, dropping 6.5 percent.

Like this report? Sign up for our daily newsletter to get our top reports.


Leave Your Comment
Sensex closes nearly 1.5% higher as banks lead gains

Sensex closes nearly 1.5% higher as banks lead gains

Reuters 4 months ago
Indian shares snapped a two-day losing streak on Monday as a recovery in...
Sensex gains as Infosys climbs on new CEO appointment

Sensex gains as Infosys climbs on new CEO appointment

Reuters 8 months ago
Indian shares snapped a four-session losing streak to end higher on Monday, as...
Sensex, Nifty close nearly 1% up to end seven-session losing streak

Sensex, Nifty close nearly 1% up to end seven-session losing streak

Reuters 5 months ago
Indian shares rose nearly 1 percent on Thursday, snapping seven sessions of, ...
No Comments

Sensex snaps 5-day losing streak as IT stocks gain

Powered by WordPress.com VIP