Stock market:Sensex rises 777 points, Nifty closes at 17401; Shares of HDFC, Power Grid Corp. rose



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Shares of ICICI Bank, Axis Bank, Ultratech Cement declined

Indian stock markets closed higher today. The Sensex rose 777 points to close at 58461. The Nifty rose 235 points to close at 17,401.

Shares of HDFC, Power Grid Corp, Sun Pharma rose
on the Sensex, while shares of HDFC, Power Grid Corp, Sun Pharma, Tata Steel, Tech Mahindra closed higher. HDFC rose 3.92 per cent to close at 2809.15. Power Grid Corp rose 3.65 per cent to close at 214.65. However, shares of ICICI Bank, Axis Bank, Ultratech Cement and others closed lower. ICICI Bank fell 0.78 per cent to close at 722.55. Axis Bank fell 0.55 per cent to close at 676.05.

The Sensex had gained 620 points on Wednesday. The Sensex had gained 620 points
yesterday and closed at 57,684. The Nifty rose 183 points to close at 17,167. Yesterday, the market saw a rebound in both GDP and GST.

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