Banks, Autos Help Sensex, Nifty Return To Winning Ways
Catch all live updates on share prices, index moves, corporate announcements and more from the Sensex and Nifty, today.
KEY HIGHLIGHTS
Closing Bell: Back In The Green
Indian equity markets resumed gains after snapping a five-day winning streak on Wednesday, ending the weekly options expiry session at the day's high.
The S&P BSE Sensex ended 0.7% higher at 38,140 while the NSE Nifty 50 index ended nearly 1% higher at 11,237, up 0.9%.
Gains on the Nifty 50 were led by Eicher Motors which ended the day with gains of 4.9%. Reliance Industries and ICICI Bank were the major contributors to the Nifty upside, ending with gains of 3.6% each.
Among sectoral indices, the Pharma stocks outperformed with the Nifty Pharma index ending higher by 1.44%.
Nifty Auto, Nifty PSU Bank and Nifty Realty were the other top sectoral gainers, ending with gains of 1.3%, 1.2% and 1.4% respectively.
All sectoral indices barring the Nifty I.T. index ended with gains. The I.T. index posted modest losses of 0.2%.
Broader markets were largely in line with benchmark indices. Both the Nifty Midcap and Nifty Smallcap index ended with gains of 1%.
India Volatility Index ended off the lowest point of the day, down 0.8% at 24.68.
Market breadth ended in favour of the gainers. 1,038 stocks on the NSE ended with gains while 776 declined.