Domestic benchmark S&P BSE Sensex showcased a huge 800 point recovery from the day’s low to end at 31,379 points. The 50-stock NSE Nifty finished the session 205 points or 2.29% higher at 9,187 points. Reliance Industries Ltd led the leader’s table with a 10.3% jump, supported by the Rs 43,574 crore deal Reliance Jio struck with social media behemoth Facebook. “Markets were in favour of the Bulls. For a couple of losers, there were over three gainers. Except for Realty, every sector participated in the recovery. India VIX resumed its downward journey after two days of up move, it closed below 43 with gains of 5%,” said Vishal Wagh, Research Head, Bonanza Portfolio.
Reliance Industries share price jumps 10.3%: Reliance Industries share price jumped 10.3% on April 22 as investors cheered the Rs 43,574 crore deal that Reliance Jio signed with Facebook.
10 of 11 Nifty sectoral indices end in green: After spending much of their day in the negative territory, nearly all Nifty Sectoral indices, except Nifty Realty, finished the day with success. Nifty Media was the biggest gainer going up by 6.65%. Zee Entertainment and TV18 Broadcast Limited were the top gainers.