Taking Stock: IT stocks help bulls put up a smart show; Nifty back above 10,700

Episode 2708,   Jul 16, 2020, 12:41 PM

After a volatile Wednesday, it was a terrific Thursday as bulls managed to push the benchmark indices higher by over 1 percent each. The S&P BSE Sensex rallied by over 400 points while the Nifty50 reclaimed 10700 levels.

Let’s look at the final tally on D-Street – the S&P BSE Sensex rose 1.1 percent to 36471 while the Nifty50 closed with gains of 1.1 percent to 10,739.