Stock Markets Today: Sensex, Nifty reverse Wednesday losses, end 1 pct higher; SBI, Bajaj Finance shares among top gainers
The stock markets today ended the day in the green. Both the BSE Sensex and NSE Nifty 50 were up by almost 1 per cent at close, reversing yesterday’s losses. While the Sensex was trading at 36,737.69, up by over 408, the broader market NSE Nifty 50 was trading at 10,813.45, up by over 107 points at the end of day’s trade
The stock markets today ended the day in the green. Both the BSE Sensex and NSE Nifty 50 were up by almost 1 per cent at close, reversing yesterday’s losses. While the Sensex was trading at 36,737.69, up by over 408, the broader market NSE Nifty 50 was trading at 10,813.45, up by over 107 points at the end of day’s trade.
In the 30 share BSE Sensex, 22 stocks were trading in the green at the day’s end while the remaining were trading in the red. The top gainers on Thursday in the closing trade were SBI, Bajaj Finance, HDFC, Tata Steel and Bajaj Finserv while the top losers were ONGC, Tech Mahindra, Hindustan Unilever, Maruti Suzuki and Nestle India
Meanwhile, Hindalco Industries, HDFC, SBI, Bajaj Finance and Tata Steel were the top gainers on Nifty Fifty on Thursday at close. The top losers were Bharti Infratel, Coal India, Tech Mahindra, ONGC and Hero Motocorp.
Among the top Nifty indices, Nifty Bank, Nifty Auto traded positively, up by almost 1.6 per cent, 0.6 per cent while Nifty IT traded almost flat. Meanwhile Nifty Metal and Nifty Pharma were also trading up, minutes before the close.
Today, the USDINR futures were trading at around 75.1650 against the USD at 3:45 am on BSE.
On Wednesday, the Sensex ended at 36,329.01, falling by almost 0.9 per cent while the Nifty 50 closed at 10705.75, also down by almost 0.9 per cent. The Indian stock markets traded with a negative sentiment on Wednesday with Nifty indices - Nifty Bank, Nifty Auto and Nifty IT all trading negatively.
Asian stocks were expected to rise on Thursday, as hopes of a robust economic recovery offset concerns over flare-ups in the coronavirus pandemic, and as investors looked ahead to earnings season. Australian S&P/ASX 200 futures were up 0.85 per cent, Japan`s Nikkei 225 futures added 0.16 per cent, and Hong Kong`s Hang Seng index futures rose 0.82 per cent. E-mini futures for the S&P 500 edged up 0.08 per cent. The Dow Jones Industrial Average rose 0.68 per cent and the S&P 500 gained 0.78 per cent.
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MSCI`s broadest index of Asia-Pacific shares outside Japan closed 1.29 per cent higher, helped by Chinese stocks, which have rallied for seven-straight days. Emerging market stocks rose 1.67 per cent
Inputs from Reuters
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