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Stock Market LIVE Updates: IT and oil & gas shares give Sensex 450-point lift — Nifty50 surpasses 16,600 – CNBCTV18

Market At Close | Sensex and Nifty50 near day’s highs led by Reliance, IT stocks

Here are some highlights:

–Reliance hits a one-month closing high, gives Nifty a 68-point lift

–Macquarie’s positive note on Tier I IT companies leads to two percent tise in Nifty IT 

–Two-wheelers remain under pressure on weak May sales — Hero MotoCorp falls three percent

–Ashok Leyland rises three percent, extends gains to second straight day on strong monthly sales

–ONGC, Oil India rise despite fall in crude oil

–Financial stocks keep market gains in check — HDFC, HDFC Bank, ICICI Bank main laggards

–Apollo Hospitals continues to fall amid concerns on Apollo 24/7

–L&T Tech, Abbott, L&T Infotech, Berger, L&T Finance top midcap gainers

–Info Edge, IGL, Navin Fluorine, Colgate, Astral, Zydus Life top midcap losers

–Market breadth favours bulls, advance-decline ratio at 2:1

Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.