(RTTNews) – Indian stocks recovered Tuesday amid a short policy when the Reserve Bank of India’s Monetary Policy Committee (MPC) began its three-day deliberations and a series of encouraging economic knowledge of Europe, China and the United States raised hopes. an immediate economic uptick in the coronavirus pandemic.
The S-P BSE Sensex benchmark rose to 748.31 points, or 2.03%, to 37,687.91 amid short coverage and purchases in battered stocks.
The broader NSE Nifty index ended with 211.25 problems, or 1.94 percent, at 11,102.85 after wasting problems in the last four consecutive sessions.
Reliance Industries shares rose 7.4% after reporting that the company in talks to buy Chennai-based Netmeds as a component of its broader share of the e-commerce industry.
ICICI Bank, Dr Reddy’s Laboratories, Hero MotoCorp, Axis Bank, Maruti Suzuki and JSW Steel rose 2-3 percent, while Zee Entertainment shares surged 6.3 percent.
Wockhardt’s shares were blocked within the top restriction of 10% of the circuit after the company said it had reached an agreement with the British government to fill Covid-19 vaccines.
On the other hand, Tata Motors, HCL Technologies, IndusInd Bank, BPCL and Tech Mahindra fell from 2 to 3%.