The performance of three index heavyweights, Tata Consultancy Services (TCS), Infosys and HDFC, has averted a double-digit drop in benchmark indices this year, contributing 530 points to the Sensex. On the other hand, 21 declining stocks pulled the index down by 982 points.
The 30-share index was largely unchanged on a year-to-date basis. However, the index came off by nearly 7 per cent from its peak 36,283 in January. Technology majors TCS and Infosys were up about 11 per cent each this year, while mortgage lender HDFC gained about 7 per cent.
State-owned Coal India was the biggest
The 30-share index was largely unchanged on a year-to-date basis. However, the index came off by nearly 7 per cent from its peak 36,283 in January. Technology majors TCS and Infosys were up about 11 per cent each this year, while mortgage lender HDFC gained about 7 per cent.
State-owned Coal India was the biggest