Benchmark indices extend gains led by IT stocks
Benchmark indices extended gains from the previous session and ended higher on Thursday. Broader markets staged a sharp rebound from yesterday's selloff, outperforming their larger cap peers.
Benchmark indices extended gains from the previous session and ended higher on Thursday. Broader markets staged a sharp rebound from yesterday's selloff, outperforming their larger cap peers.
At close, the Sensex was down 56.74 points or 0.07% at 81,709.12, and the Nifty was down 30.60 points or 0.12% at 24,677.80.
At close, the Sensex was down 55.47 points or 0.07 per cent at 79,486.32, and the Nifty was down 51.15 points or 0.21 per cent at 24,148.20 .Equities ignored positive global markets after the US Federal Reserve cut its benchmark lending rate by a quarter percentage point.
At close, the Sensex was down 73.48 points or 0.09 per cent at 81,151.27, and the Nifty was down 112.50 points or 0.45 per cent at 24,741.50.
At close, the Sensex was up 666.25 points, or 0.78%, at 85,836.12, and the Nifty was up 211.80 points, or 0.81%, at 26,216.
According to Likhita Chepa, Senior Research Analyst, CapitalVia Global Research: "The Indian benchmark had a gap up start today and is likely to recover from the previous session's fall."
"Asian markets continued to show mixed signs and India is one of the outperformers today so far," said Deepak Jasani, Head of Retail Research, HDFC Securities.
The broader NSE Nifty50 traded at 17,698.50, down by 12.80 points or 0.072 per cent after opening at 17,718.90 from its previous close of 17,711.30.
"Nifty opened gap up on Sept 23 following positive Asian cues and extended gains till noon," said Deepak Jasani, Head of Retail Research, HDFC Securities
The top gainers on the Sensex were Tata Steel, Tech Mahindra and Bajaj Finserv
