Sensex, Nifty End Losing Streak As Realty, Private Bank And IT Stocks Lead Market Rally
Mumbai: The benchmark equity indices snapped their recent losing streak on Thursday, with the Nifty ending a seven-session decline and the Sensex reversing a four-day fall, supported by gains in realty, private banking and IT stocks. The Sensex rose 628.04 points, or 0.82 per cent, to close at 77,537.72, while the Nifty gained 153.55 points, or 0.64 per cent, to settle at 24,231.85. Commenting on…
Mumbai: The Sensex and Nifty indices concluded a losing streak on Thursday, buoyed by gains in realty, private banking and IT stocks. The Sensex climbed 628.04 points, or 0.82 per cent, to reach 77,537.72, while the Nifty increased 153.55 points, or 0.64 per cent, to land at 24,231.85. Technical analysts hinted at the next session's support at 24,100, followed by 24,000, while resistance levels were noted at 24,300 and 24,575.
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