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Top News In Sensex Rally Today - Breaking & Trending Today
The Sensex took 27 years to breach the 10,000-mark for the first time in February 2006, while it gained the next 10,000 points in just 22 months as a flood of fresh foreign flows drove stock prices higher at a faster pace. ....
In 1986, the dominance of industrial stocks was strong, representing 33% of the constituents, while consumer discretionary stocks comprised 30%. There were no stocks from banking or information technology sectors — the current giants. ....
FMCG businesses such as ITC Ltd, Hindustan Unilever Ltd and Asian Paints Ltd and private lenders namely HDFC Bank Ltd and Axis Bank Ltd were among top losers from the index.
Sensex ends over 600 points with Nifty scaling above 21,700-levels as investors anticipate the outcome of the US Fed meeting and tomorrow s Interim Budget. Rally led by bank stocks and Reliance Industries. Broad-based buying seen across auto, realty, and healthcare stocks. Smallcap index outperforms with a 2% rally. ....