Epic Update Tech Mahindra
Buying interest continued in afternoon trade that pushed equity benchmarks as well as broader markets higher by around 1.5 percent. Technology was the leader in the buying list, followed by FMCG and pharma stocks.
The 30-share BSE Sensex was up 363.05 points or 1.40 percent to 26223.22 and the 50-share NSE Nifty rose 122.35 points or 1.54 percent to 8087.85. The BSE Midcap was up 1.3 percent and Smallcap gained 1.8 percent on strong breadth.
About 1914 shares advanced against 555 declining shares on the Bombay Stock Exchange.
Tech Mahindra was the biggest gainer among Nifty 50 stocks, up 6 percent followed by Infosys, TCS, Aurobindo Pharma, HCL Technologies, Lupin, GAIL and Wipro with 3-5 percent upside. However, SBI, Bajaj Auto, Reliance Industries, L&T and ONGC were under pressure.
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