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Indices gain for 3rd straight session as Trump health boosts global markets

Tata Consultancy Services (TCS) soared over 7 per cent after the IT services company announced that it would consider a share buyback proposal later this week

Following the sharp run-up, returns are expected to plateau.

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Starting off on a strong note, the Sensex zoomed to the day’s peak of 39,263.85, before ceding ground to settle at 38,973.70 — up 276.65 points or 0.71 per cent

Press Trust of India Mumbai

3 min read Last Updated : Oct 06 2020 | 1:14 AM IST

The benchmark Sensex darted up for the third consecutive session on Monday, spurred by the robust gains in information technology (IT) and banking stocks, which received a leg up thanks to a broad surge in global markets.

Tata Consultancy Services (TCS) soared over 7 per cent after the IT services company announced that it would consider a share buyback proposal later this week.

Starting off on a strong note, the Sensex zoomed to the day’s peak of 39,263.85, before ceding ground to settle at 38,973.70 — up 276.65 points or 0.71 per cent.

Likewise, the broader Nifty rose 86.40 points or 0.76 per

Topics : benchmark indices market sentiments Markets Sensex Nifty

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