Sensex gains 162 points

Sensex gains 162 points

Agency News

A day after the massive plunge, the benchmark index of the Bombay Stock Exchange (BSE), Sensex on Wednesday recovered by nearly 162 points to 36,724.

Sectoral indices such as metal and banking counters made gains but auto stocks were reluctant to move.

The benchmark index of the National Stock Exchange (NSE), Nifty rose 47 points to settle above the key 10,844.

Top gainers in the Sensex pack included Bharti Airtel, SBI, Tata Steel, Vedanta, NTPC, HDFC Bank, HCL Tech, ONGC, ICICI Bank and L&T, which rose up to 2.97%.

On the other hand, Maruti was the biggest laggard, plunging 3.64% after the company announced a two-day suspension of its manufacturing operations at its Gurugram and Manesar plants in Haryana. Sun Pharma, Tata Motors, Asian Paints, IndusInd Bank, M&M, Bajaj Auto and RIL too fell up to 2.97%.