By Priyanka Deshpande
CNBC-TV18.com
Published April 19, 2024
Market stages smart recovery amid geopolitical tensions, snaps 4-day losing streak
Financial majors HDFC Bank & ICICI Bank lead recovery, lift Nifty by 85 points
Nifty & Sensex gain nearly 2% from lows to end the session almost 1% higher
Sensex rises 600 points to 73,088 & Nifty 151 points to 22,147
Nifty Bank too gains over 2% (1,000 points) from lows, ends 1% in the green
Nifty Bank gains 505 points to 47,574 while Midcap Index slips 299 points to 48,697
HDFC Bank sees buying ahead of its quarterly numbers, surges 4% from lows
Bajaj Auto sees profit booking after a strong Q4, closes 3% lower
4-wheeler auto names especially Maruti & M&M surge, up 2-3%
Infosys ends with minor cuts despite a weak Q4, closes 2% off lows
Tata Communication slides 5% on weak commentary, ends at a 2-month low
Life insurance stocks react to monthly update, Max Financial rises while ICICI Prudential slips
HAL moves 2% higher on reports of an order win