Market update:Sensex gains 200 points, Nifty tops 9,300


Published On: Monday, April 20, 2020 | By:

Market update:Sensex gains 200 points, Nifty tops 9,300

Equity markets in India rose today(20th April 2020), lifted by HDFC twins and Infosys. The S&P BSE Sense was up 228 points, or 0.7 percent, at 31,800. Among individual stocks, HDFC Bank jumped 4 percent after a 2.5 percent growth in its pre-tax profit in the March quarter. Besides, Infosys also gained 2 percent ahead of its results later in the day. The broader Nifty50 index hovered around 9,320 levels, up 60 points. Sectorally, the trend was mixed. While the Nifty Financial Services index rose 1.8 percent the Nifty Pharma index slipped a little over 1 percent. Aviation stocks also declined after the government prohibited airlines to book tickets until further notice.

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