Sensex ended 157 points higher on Thursday, tracking gains in index majors Reliance Industries, ITC and L&T amid a largely positive trend in global markets. Nifty rose 47.10 points to 17,516.85.
The 30-share index opened over 200 points higher, but soon turned negative and was trading 38.52 points or 0.07 per cent lower at 58,611.16 in initial deals.the Nifty slipped 17.60 points
The BSE Sensex climbed 153.43 points to 57,260.58, while the Nifty50 was up 27.50 points at 17,054 and formed a Long Legged-Doji kind of pattern on the daily charts.
The 30-share index was trading 122.35 points or 0.20 per cent lower at 60,596.36 in initial deals. Similarly, the Nifty fell 45.45 points or 0.25 per cent to 18,064.
The 30-share index was trading 315.89 points or 0.52 per cent higher at 61,002.58 in initial deals. Similarly, the Nifty rose 90.30 points or 0.50 per cent to 18,193.05.
Sensex fell 10.6 per cent or 126.35 points on Monday hitting IndusInd bank the worst.
Asian Paints was the top gainer in the Sensex pack, rallying around 6 per cent, followed by ICICI Bank, Sun Pharma, Nestle India, Dr Reddy’s and TCS.
BSE Sensex was trading 217.48 points at about 12:44 PM, which is 0.36 per cent up 61,040, while Nifty 50 index was trading 37.75 points or 0.21 per cent higher at 18,152.65
Asian Paints was the top loser in the Sensex pack, shedding around 3 per cent, followed by IndusInd Bank, HCL Tech, Bharti Airtel, Kotak Bank and Bajaj Auto.
Reliance Industries on Friday, after market hours, reported a consolidated net profit of Rs 13,680 crore for the September quarter (Q2), up 43 per cent year-on-year.
In its quarterly results revealed on Thursday, the company said that it would be considering increasing the prices of its products in order to mitigate the impact of persistently high inflation.
The run came in the back of policy announcements for the telecom and automobile sector; NTPC emerged as the top gainer in the Sensex pack
The 30-share BSE index fell 66.23 points or 0.13 per cent to close at 52,586.84, while the broader NSE Nifty dipped 15.40 points or 0.10 per cent to 15,763.05
The 30-share BSE index ended 354.89 points or 0.68 per cent lower at 52,198.51, while the broader NSE Nifty fell 120.30 points or 0.76 per cent to 15,632.10.
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