The equity market has strong comeback on Tuesday. Sensex surged more than 500 points an intraday trading. NSE Nifty 50 cracked its psychological level of 8,650 and settle at 8,677.90. Sensex was up 520.91 points or 1.9 percent to 28050.88. While Sensex started at the 27,529, After some time it goes for increasing direction and Hit an intraday high of 28,054 and touched a low of 27,652. Nifty bounced 157.50 points or 1.85 percent to 8677.90. Nifty also managed its crucial support of level 8,600.
Aurobindo pharma and Panjab National Bank rose by 3 percent. The biggest contributor of Sensex, Housing Finance company HDFC was up 3.82 percent lead by ITC, HDFC Bank L&T, Reliance Industries, Infosys and Axis Bank with a gain of 1.5-3 percent. Adani Ports was the major gainer, up 6.3 percent, while ONGC and Asian Paints were only losers in the Sensex.
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