Latest from sensex rally
An analysis of sectoral indices shows that the rally from 50,000 to 60,000 has largely been broad based. Eleven put of 19 sectoral indices have seen over 25 per cent growth over February 3 and September 24.
Byhindustantimes.com, Hindustan Times, New Delhi
The blue-chip NSE Nifty 50 index fell 0.5% to 14,529 and the benchmark S&P BSE Sensex was down 0.4% at 49,600.11 by 0411 GMT.
The victory of Prime Minister Modi and Bharatiya Janata Party (BJP) via majority has resulted in Sensex rallying over 400 points in early trade.
The BSE benchmark Sensex Wednesday rallied over 250 points on heavy buying in metal, IT and banking stocks amid positive cues from other Asian markets ahead of US-China trade talks and US Fed policy meet outcome.
Top gainers include HDFC duo, Reliance Industries, ICICI Bank, L&T, ITC, HUL, SBI, TCS and Sun Pharma, rising up to 2%.
Press Trust of India | ByPress Trust of India