Indian equity markets were trading firm on Thursday after Wall Street's overnight rally on hope that the coronavirus outbreak in the United States was close to a peak
Among headline indices, the S&P BSE Sensex was up 850 points, or 2.86 per cent, at 30,750 and the Nifty50 index reclaimed the psychological level of 9,000, up 265 points, or 3 per cent. Index heavyweight HDFC, up 5 per cent, was the top contributor to the Sensex's gain. Besides, Bajaj Finance, ICICI Bank, Axis Bank, and ONGC were all up over 4 per cent.
All the Nifty sectoral indices were in the green, led once again by Nifty Pharma index, up 5 per cent. Among the index's components, Cipla (up 15%) and Lupin (up 10%) were the top gainers.
The broader market also tracked gains in the main indices. The S&P BSE MidCap and SmallCap indexes were both up over 2.5 per cet each.
Among headline indices, the S&P BSE Sensex was up 850 points, or 2.86 per cent, at 30,750 and the Nifty50 index reclaimed the psychological level of 9,000, up 265 points, or 3 per cent. Index heavyweight HDFC, up 5 per cent, was the top contributor to the Sensex's gain. Besides, Bajaj Finance, ICICI Bank, Axis Bank, and ONGC were all up over 4 per cent.
All the Nifty sectoral indices were in the green, led once again by Nifty Pharma index, up 5 per cent. Among the index's components, Cipla (up 15%) and Lupin (up 10%) were the top gainers.
The broader market also tracked gains in the main indices. The S&P BSE MidCap and SmallCap indexes were both up over 2.5 per cet each.
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