IT, pharma stocks help Sensex rebound 146pts; Midcap outperforms

Thu Feb 16 2017
Rajesh Sharma (2046 articles)
IT, pharma stocks help Sensex rebound 146pts; Midcap outperforms

Equity benchmarks rebounded after two-day losses, with the Sensex rising more than 150 points intraday Thursday driven by pharma, technology, auto and select banks stocks.

The 30-share BSE Sensex gained 145.71 points at 28301.27 and the 50-share NSE Nifty rose 53.30 points to 8778. The BSE Midcap and Smallcap indices climbed 1.3 percent.

Two shares gained for every share falling on the BSE.

 

Rajesh Sharma

Rajesh Sharma

Rajesh Sharma is Correspondent for Stock Market of South East Asia based in Mumbai. He has been covering Asian markets for more than 5 years.