Closing Bell: Sensex ends marginally higher, Nifty reclaims 17500
Indian equity benchmarks finished a choppy session on a higher note on Thursday and managed to extend gains for the third day in a row.
Domestic equity bourses gained for the third day in a row on December 9, led by gains in index heavyweights like Reliance Industries, ITC, Larsen & Toubro, Infosys, Asian Paints, Bajaj Finance and Mahindra & Mahindra. Amid volatility, the benchmarks fluctuated between gains and losses for most of the day. During today's trading session, the Sensex traded in a band of 549 points and the Nifty index touched an intraday high of 17,543 and low of 17,380.
At the closing bell on Thursday, the Sensex was up 157.45 points or 0.27% at 58,807.13, and the Nifty was up 47 points or 0.27% at 17,516.80. On the market depth, around 2046 shares have advanced, 1153 shares declined, and 115 shares are unchanged.
Top Nifty performers of the day were ITC, L&T, Asian Paints, UPL and Reliance Industries, while top losers included HDFC Bank, Titan Company, Nestle India, NTPC and Power Grid Corporation.
In sectors, except for bank and realty, all other sectoral indices ended in the green, with FMCG, oil & gas and capital goods indices adding 1% each. In the broader markets, BSE midcap and smallcap indices ended in the green.
In today's trade domestic equity indices witnessed profit booking in the morning session, but later gained ground owing to positive global sentiments. Market participants are keenly awaiting the US inflation data to gauge the Fed’s decision on rolling back economic stimulus.
Also cheering the investor sentiment was the easing fears over the Omicron variant. However, gains in FMCG and consumer durables were offset by losses in oil and gas and healthcare names.
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