BSE Sensex and Nifty 50 staged a smart recovery in the last of the trade on Tuesday. The 30- share Sensex rose 526 points from day’s low to settle at 31,371, down just 190 points. During the trade, Nifty50 hit the day’s low of 9,044 and settled at 9,196. On the back of the profit booking, Reliance Industries was the top Sensex loser and ended the session down over 6%. “Markets traded weak for the most part of the day on concerns of Justice BN Srikrishna red-flagging the JIO-FB deal but HDFC & Bharti Airtel led an afternoon charge to help the Dalal Street.
Top BSE Sensex gainers and losers: RIL was the top Sensex laggard, followed by Asian Paints, Kotak Mahindra Bank and HUL. The selling pressure in Reliance Industries shares intensified ahead of its rights issue on Thursday. On the flip side, NTPC was the top Sensex gainer with a growth of 5.71 per cent. Bharti Airtel, ITC, Power Grid were among other gainers on the index.
Nifty50 closed lower at 9196.55 level, -42.65 points, or -0.46 per cent. Nifty Support : 9100 and 9050 Resistance : 9250 and 9350.
