Finance
Equity markets closed higher for the second consecutive session on Thursday led by gains in Reliance Industries, Infosys and HDFC twins amid a mixed trend in global markets.
Sensex zoomed 874.18 points or 1.53 per cent to end at 57,911.68 and Nifty rallied 256.05 points or 1.49 per cent to 17,392.60.
M&M, Maruti, Bajaj Finserv, Asian Paints, Reliance Industries, Kotak Mahindra Bank, HDFC, TCS, Sun Pharma, Infosys and IndusInd Bank were the top Sensex gainers, rising up to 3.50 per cent.
Tata Steel, Nestle and Bharti Airtel were the only losers, falling up to 0.88 per cent.
BSE mid-cap and small-cap indices rose 314 points and 385 points, respectively.
Among BSE sectoral indices, auto, banks and consumer durables were the top gainers. The market breadth was positive with 2303 shares ending higher against 1,115 stocks falling into the red. 103 shares were unchanged.
Market cap of BSE-listed firms rose to Rs 271.77 lakh crore against Rs 268.24 lakh crore in the previous session.
Foreign institutional investors continued their selling spree, offloading shares worth a net Rs 3,009.26 crore on Wednesday, according to stock exchange data.
In the previous session, benchmark indices rebounded after falling for five straight sessions, led by buying in Reliance Industries and recovery in Infosys, TCS and HDFC twins.
Sensex jumped 574.35 points to end at 57,037.50. During the day, the index rallied 753.36 points or 1.33 per cent to 57,216. Nifty ended 177.90 points or 1.05 per cent higher at 17,136.
Source:BT
