Share Market News Today | Sensex, Nifty, Share Prices HIGHLIGHTS: Domestic equity market benchmarks BSE Sensex and Nifty 50 settled nearly 1.65 per cent higher in Tuesday’s trade, taking cues from their Asian peers. The 30-share Sensex jumped 560 points or 1.47 per cent to end at 38,493, while the broader Nifty 50 index reclaimed 11,300, the level last seen on March 5, this year. The rally in the headline indices was fuelled by the index heavyweights such as Ultratech Cement, Kotak Mahindra Bank, TCS, M&M, Maruti Suzuki, IndusInd Bank and Tech Mahindra. On the contrary, ICICI Bank, Nestle India, Asian Paints, ONGC and ITC were among the top Sensex losers. Nifty Auto index was top sectoral gainer, up 3.21 per cent lead by Tata Motors, M&M, Hero MotoCorp, Ashok Leyland. Nifty IT index too jumped over 2 per cent with TCSm Mphasis and Tech Mahindra as top gainers.
India will see a sharp V-shaped recovery in the third and fourth quarter of the current fiscal, but FY21 GDP growth would ultimately be in negative territory as the coronavirus lockdown led to serious demand and supply dislocations, 15th Finance Commission Chairman N K Singh said on Monday.