Market update:Sensex gains 200 pts, Nifty tests 9k


Published On: Thursday, April 16, 2020 | By:

Market update:Sensex gains 200 pts, Nifty tests 9k

Indian stocks edged higher after a volatile start today (16th April). The S&P BSE Sensex was up 200 points, or 0.7 percent, at 30,600 levels and the Nifty50 index was up 73 points at 8,990 levels. Wipro fell as much as 6 percent after posting muted growth in its revenue and profit numbers for the fourth quarter of the last financial year. In the Sensex pack, Axis Bank, Titan, Tech Mahindra, and Hero MotoCorp were the top losers. Among sectoral indices, the Nifty IT index, down over 2 percent, was the top loser. The broader market fared relatively better. The S&P BSE MidCap index and the SmallCap index were both up 1 percent each.

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