ICICI Bank, RIL lead the bounce back in Sensex

ICICI Bank, RIL lead the bounce back in Sensex

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.