Equity benchmarks bounced back in late trade, helped by heavyweights ITC and HDFC. The 50-share NSE Nifty closed above 6000 level for the first time in last three sessions on some short covering, rising 13.30 points to 6,001.70.
Experts have been bullish on the market saying the index will test new highs in the current year. Meanwhile, cigarette major ITC and housing finance company HDFC topped the buying list in late trade, rising 2 percent each.
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Jharkhand chief minister Arjun Munda today resigned and proposed dissolution of the 82-member Assembly. The move of dissolving assembly sends a signal to the Governor Syed Ahmed to decide the future course of action.