Sensex rebounds 146 points to close at 28,301

16 February 2017, 04:11 PM
Representational Image (Source: Getty)
Representational Image (Source: Getty)

Market benchmark Sensex surged by 146 points on Thursday to close at 28,301, snapping a two-session losing run as IT stocks led the recovery after TCS said its board will consider share buyback next week.

The 30-share Sensex, after opening on a strong note at 28,223.85, succumbed to profit-booking and slipped into the negative terrain to hit the day’s low of 28,146.19 before bouncing back to close higher by 145.71 points, or 0.52 per cent at 28,301.27. It touched an intra-day high of 28,327.84.

The gauge had lost 196.06 points in the last two days.

The 50-share NSE Nifty gained 53.30 points or 0.61 per cent to 8,778. Intra-day, it shuttled between 8,783.95 and 8,719.60.

First Published: Thursday, February 16, 2017 04:07 PM

Related Tags:

For all the latest Business News Download the News Nation App available on Android and iOS.