Sensex surges 477 points; IT, pharma stocks climb
IT stocks like Tech Mahindra, Infosys, HCL Technologies and TCS closed with decent gains
IT stocks like Tech Mahindra, Infosys, HCL Technologies and TCS closed with decent gains
"Morgan Stanley has downgraded Indian markets to equal weight. All these could lead to FPI unwinding and continued pressure on indices," said Deepak Jasani, Head of Retail Research, HDFC Securities.
The Nifty50 on the National Stock Exchange was trading at 15,761.70, higher by 69.10 points
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