Settling with decent gains, the BSE Sensex gained 155.47 points, or 0.59% to end the session at 26,366.15 hitting a two-week high as December derivatives contracts expired. On the other hand, Nifty climbed up 68.75 points, or 0.86% closing at 8,103.60.
Stocks of NTPC surged 1.68%, Tata Motors 1.64%, Maruti Suzuki 1.56%, HDFC 1.55%, TCS 1.51%, RIL 1.21% and HDFC Bank 1.12% and Tata Steel 1.07%. Sector-wise, the BSE consumer durable index gained the most by rising 1.67%, followed by oil & gas 1.56% and metal 1.44%.
The National Stock Exchange filed draft prospectus for an IPO of Rs10,000-crore on Thursday, with Sebi, and the rupee recovered by 14 paise against the dollar at 68.10, which boosted sentiment.
The pace of buying picked up in broader markets during Thursday’s session, lifting the BSE mid-cap index by 1.19% and small-cap index by 1.11%. Continuous selling of shares by foreign institutional investors dampened investor sentiment and restricted gains.
Additionally, Hong Kong’s Hang Seng rose 0.17%, Japan’s Nikkei ended 1.32% lower, China’s Shanghai Composite Index shed 0.20%.
Source: dnaindia.com