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Sensex jumps over 1,200 points as banking, IT shares surge; Nifty above 8,600

Byindianadmin

Mar 26, 2020 #Nifty, #surge
Sensex jumps over 1,200 points as banking, IT shares surge; Nifty above 8,600

NEW DELHI: Equity indices continued to rise on Thursday with the benchmark BSE sensex surging over 1,200 points amid gains in IT and banking stocks. Sensex jumped 1,211 points or 4.24 per cent to 29,746; while the broader NSE Nifty moved 312 points or 3.75 per cent up to trade above 8,600.

Traders said that the indices are rallying amid hopes of a fiscal package to help the economy come out of the coronavirus shock.

Top gainers in the BSE pack included IndusInd Bank, Axis Bank, Bajaj Auto, Infosys, ICICI Bank, Bajaj Finance and HDFC with their stocks up

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