Stock markets rally for 2nd day; Sensex jumps over 800 points
Mumbai, Jul 10 (PTI) Stock market benchmark indices Sensex and Nifty ended 1 per cent higher on Friday, taking their winning run to the second day, helped by a rally in heavyweights Reliance Industries, ICICI Bank and HDFC Bank. Easing crude oil prices and buying in IT stocks after TCS reported an increase in its June-quarter net profit and guided towards an improvement in demand returning in the ongoing quarter also propelled the rally in the domestic market. The 30-share BSE Sensex jumped 827.57 points, or 1.08 per cent, to settle at 77,569.39. During the day, it soared 900.41 points,