Sensex soars 200pts, Nifty strong; ICICI, Adani Ports up over 3%

Epic Update ICICI Bank
Epic Update ICICI Bank

Benchmark indices gained momentum after yesterday’s consolidation, with the Nifty reclaiming 8700 level on banking & financials support.

The 30-share BSE Sensex was up 196.03 points or 0.70 percent at 28180.40 and the 50-share NSE Nifty climbed 58.05 points or 0.67 percent to 8717.15.

The broader markets too traded in line with benchmarks on positive breadth. About 1476 shares advanced against 542 declining shares on the Bombay Stock Exchange.

ICICI Bank rebounded sharply after yesterday’s profit booking, up 3.4 percent followed by HDFC, SBI and ICICI Bank with over a percent gains. Adani Ports topped the buying list, up 3.8 percent after losing 6 percent in previous session.
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