Sensex Surges On First Day of F&O Series; ONGC Rallies 7%

Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts

    The Sensex and the Nifty staged a smart rally in trade after losing heavy ground in the month of April. It was also the first day for the F&O series of May and investors were see buying beaten down stocks.

    Sensex Surges On First Day of F&O Series; ONGC Rallies 7%
    Strong cues from Europe also helped to boost sentiments. The Sensex ended the day higher by 479 points, while the Nifty rallied 150 points in trade.

    Leading the set of gainers was ONGC which rallied a huge 5 per cent. Other notable gainers in trade were Bajaj Auto, Cipla, Mahindra and Mahindra and Hindalco.

    Shares in Maruti gained after the company's sales figures came in at robust levels for the month of May. Nifty stocks that lost ground were Larsen and Toubro, while ICICI Bank ended the day subdued.

    Software stocks ended the day mixed with Infosys gaining ground, while TCS ended the day almost flat and Tech Mahindra lost ground.

    Shares in Future Retail and Aditya Birla Nouvo rallied after a proposed demerger. Pantaloon was locked at the upper end of the circuit filter with only buyers in the counter. Aditya Birla Nouvo on the other hand was trading 14 per cent higher.

    Meanwhile, markets across Europe were trading sharply higher. The German DAX and the French CAC were trading with gains of near one per cent.

    Read more about: sensex nifty
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    Notification Settings X
    Time Settings
    Clear Notification X
    Do you want to clear all the notifications from your inbox?
    Settings X
    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more