Sensex, Nifty close higher breaking four-session losing streak, Infosys top gainer - News Summed Up

Sensex, Nifty close higher breaking four-session losing streak, Infosys top gainer


Infosys gained most at 2.80% following the announced of the appointment of Salil Parekh as managing director and chief executive officer. Photo: MintMumbai: Reversing a four-session slide, benchmark Sensex closed positive at 32,870 on Monday as investors cherry-picked recently beaten down stocks in IT, metal and healthcare space. The central bank is scheduled to announce the fifth bi- monthly policy of the current fiscal on 6 December. Rebound in IT stocks due to favourable developments in heavyweights gained investors confidence and capped the fall in the market,” said Vinod Nair, head of research, Geojit Financial Services. Sectorally, the BSE IT index gained the most by rising 1.37%, followed by teck (1.08%), metal (0.50%) and healthcare (up 0.32%), oil and gas (0.31%) and consumer durables (0.30%).


Source: Mint December 04, 2017 12:00 UTC



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