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Sensex rises by 250 points, Nifty eyes 9400, IT stocks fall


Benchmark indices continued its strong performance, with the Sensex clocking the day’s high points.

The 30-share Sensex was up 258.88 points at 30192.13, while the Nifty was up 68.20 points at 9385.05. 

The market breadth was narrow as 1,582 shares advanced against a decline of 1,077 shares, while 149 shares were unchanged.

Hindustan Unilever and Bharti Airtel were the top gainers, while Wipro, TCS and UltraTech Cement lost the most.

Airtel pares losses: Shares of Bharti Airtel today pared early losses and rose by 4.5 percent even as the company reported its lowest quarterly profit in four years for the January-March period.

The stock opened the day on a weak note and fell by over 2 percent but later zoomed 4.39 percent to Rs 360.70 on BSE.

On the NSE, shares of the company jumped 4.53 per cent to Rs 360.90 despite opening on a weak note.

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