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ICICI Bank, RIL lead the bounce back in Sensex

ICICI Bank, RIL lead the bounce back in Sensex
PTI
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First Published: Fri, Dec 10 2010. 11 48 AM IST
Updated: Fri, Dec 10 2010. 11 48 AM IST
Mumbai: Two of the index heavyweights, ICICI Bank and RIL, on Friday led the recovery at the Dalal Street by rising 4.64% and 3.11%, respectively, at the Bombay Stock Exchange (BSE).
The country’s most valued corporate firm Reliance Industries (RIL) shot up by 3.11% to touch an early high of Rs1,015 on BSE, giving the much needed push to the broader market, which was reeling under pressure.
Similarly, top lender ICICI Bank, zoomed by 4.64% to an early peak of Rs1,106.35.
Both these blue-chip stocks have contributed the most in in the Sensex gains today so far.
Yesterday, amid heavy selling pressure, RIL had lost 3.41%, while ICICI had closed 4.41% down.
The BSE 30-share index Sensex was trading at 19,463.37 points at 11:15 am, up 221 points from yesterday’s close.
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First Published: Fri, Dec 10 2010. 11 48 AM IST
More Topics: ICICI Bank | RIL | BSE | Sensex | Dalal Street |