Sensex breaks 5-session losing run, rises 499 points

Quick Summary:

The sensex closed 499 points higher at 78,540 on Monday with gains in financials and IT stocks, influenced by softer US inflation data.

Domestic funds recorded a net inflow of Rs 2,228 crore.

HDFC Bank, Reliance Industries, ITC, and ICICI Bank were major contributors to the rally.

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Author / Journalist: TNN

Category: EconomyBusiness

Markets: IndiaOmanPakistan

Topics: IT stocks Sensex RBI monetary policy Financial stocks Nifty Business news

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-24 @ 06:45:14 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 519 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 24620017

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