Markets bounce back after two days of fall on buying in Reliance, Infosys; firm European equities
1 year, 4 months ago

Markets bounce back after two days of fall on buying in Reliance, Infosys; firm European equities

The Hindu  

Benchmark equity indices bounced back sharply and ended in the positive territory on August 14, helped by fag-end buying in index heavyweights Reliance Industries and Infosys along with a firm beginning in European markets. From the Sensex pack, Infosys, Hindustan Unilever, Reliance Industries, ICICI Bank, Larsen & Toubro, Asian Paints, Nestle, Axis Bank, Wipro and Kotak Mahindra Bank were the major gainers. JSW Steel, State Bank of India, Tata Steel, Bajaj Finserv, UltraTech Cement, IndusInd Bank, Tata Motors, and Bajaj Finance were the major laggards. The wholesale price based inflation remained in the negative territory for the fourth straight month in July at 1.36% on easing prices of fuel, even though food articles turned costlier.

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