HCLTECH.NSE

HCL Technologies Ltd.

Mumbai: Stock market benchmark indices Sensex and Nifty ended higher Tuesday, as a drop in crude oil prices and a rally in global markets calmed investors’ sentiment. Also, buying in IT stocks aided recovery in the markets after early losses. The 30-share BSE Sensex jumped 509.73 points, or 0.69 per cent, to settle at 74,616.58. During the day, it hit a high of 74,686.32 and a low of 73,282.41, gyrating 1,403.91 points. The 50-share NSE Nifty climbed 155.40 points, or 0.68 per cent, to end at 23,123.65. From the 30-Sensex firms, Tata Consultancy Services, HCL Tech, Infosys, Bharti Airtel, Sun Pharma, and Hindustan Unilever were among the major gainers. InterGlobe Aviation, Adani Ports, Mahindra & Mahindra, and Titan were among the laggards. Brent crude, the global oil benchmark, dropped 0.71 per cent to USD 109 per barrel. “Indian markets staged a sharp intra-day recovery, with Nifty reversing early losses to reclaim higher levels, driven largely by short-covering and selective sectoral strength rather than broad-based buying conviction,” Hariprasad K, Research Analyst and Founder, Livelong Wealth, said.