Sensex ends up 345 pts and Nifty50 recovers 16,000 as market bounces back after 4 days

Market nearby | Sensex and Nifty50 end four-day losing streak

Here are some highlights:

–FMCG stocks continue to gain momentum: Tata Consumer, HUL among top assets

–Auto stocks rise on positive brokerage note: Eicher, M&M, Tata Motors jump

–Life insurer stocks rise on IRDAI reports setting growth target: SBI Life up two percent

–Metal stocks weak as China reports below-estimated GDP: Nifty Metal falls 1 percent

— IT stocks under pressure on weak outlook: HCL Tech among top Nifty losers

–Syngene gains 4% after 10-year deal with animal health company Zoetis

–TVS Motor, BEL, Cummins, Cholamandalam Investment, Bosch, PI Industries with the best mid-cap gains

–Market breadth favors bulls: advance-decline ratio at 1:1

–Rupee falls almost one percent per week


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About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!