Weekly market wrap: SENSEX rallies 2,035 pts, NIFTY50 up 3%; NIFTY IT jumps 7%, Bajaj twins among top gainers
The Indian benchmark equity indices ended the week of July 31 on a positive note, buoyed by a rally in IT stocks, easing global cues, declining crude oil prices, and earnings growth in line with expectations. During the week, the NIFTY50 surged 616.15 points, or 2.6%, while the BSE SENSEX jumped 2,034.87 points, or 2.7%. … Read more