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The Sensex & Nifty regained 40% of yesterday's losses led by a broad based buying in the last hour
Nifty Auto index leads the sectoral indices with gains of 4.28%, followed by Nifty Metal & Nifty Bank rallying over 3%.
Brigade Enterprises surged 4.59% to Rs 266.60 after Vanguard Funds Public Limited Company purchased stake in the company via bulk deal on NSE yesterday.
Retail participation in the equity market has gone up tremendously. FY21 saw almost 1 crore new Demat accounts being opened, which was the highest in a year!
Shares of IT major Tata Consultancy Services tanked over 4% despite the company posted better-than-expected financial results for the quarter ended March 31.
The scrip traded 3.14% down at Rs 721.15 at around 10.56 am (IST).
Bandhan Bank rose 3.39% to Rs 338.55 after the bank's total deposits jumped 37% to Rs 77,972 crore at the end of 31 March 2021 as against Rs 57,082 crore on 31 March 2020.
NBCC (India) rose 2.78% to Rs 42.45 after the company said it has been engaged as project management consultant for the construction of FCIL office building at Noida (Uttar Pradesh) on 9 April 2021.
General Insurance Corporation of India has lost 0.48% over last one month compared to 10.49% fall in S&P BSE PSU index and 5.5% drop in the Sensex.
ONGC, M&M, PowerGrid, Bajaj Finance and L&T were the top gainers on the Sensex.