Taking Stock: Bears take a U-turn! Sensex reclaim 33K; telecom, energy stocks led the rally

Episode 2607,   Jun 12, 2020, 11:59 AM

From a freak Friday it turned out to be a fabulous one as bears took a U-turn on Friday. The S&P BSE Sensex recovered more than 1400 points from the lows and closed in the green while the Nifty50 also reclaimed 9900 levels.

Let’s look at the final tally on D-Street – the S&P BSE Sensex rose 242 points to close at 33,780 while the Nifty50 ended 70 points up at 9972.