Nifty hits 8900 for 1st time since March 2015, Sensex rises 1%

NSE_Nifty_Bul_190
Equity benchmarks remained strong in afternoon trade. The Sensex was up 312.85 points or 1.10 percent at 28844.96 and the Nifty up 93.85 points or 1.07 percent at 8903.50.

About 1590 shares advanced against 917 declining shares on the BSE.

About two shares advanced for every share declining on the BSE.

The Nifty Bank gained more than 50 percent and the Sensex 28 percent from Budget day lows of 13,407.25 and 22,494.61, respectively.

Axis Bank, Tata Motors, Infosys, ICICI Bank were top contributors to Sensex’s gains.
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