Bargain hunting reverses sensex’s five-session slide

Bargain hunting reverses sensex’s five-session slide

Bargain hunting after a five-day slide boosted Sensex by 603 points to 80,005 on Monday, led by ICICI Bank’s strong quarterly numbers. Limited gains were made due to foreign fund selling, but reduced crude prices strengthened the rupee. Nifty also rose 158 points, reversing its losing streak.