Indian stock markets rebounded sharply on Thursday, with the benchmark Sensex rising 398 points, driven by strong buying in IT stocks and Reliance Industries. Positive foreign fund inflows also supported investor sentiment, helping equities recover from the previous session’s losses.
The 30-share benchmark index ended at 82172.1 up by 398.44 points or by 0.49 % and then NSE Nifty was at 25181.8 up by 135.65 points or by 0.54 %.
Sensex touched intraday high of 82247.73 and intraday low of 81667.68 The NSE Nifty touched intraday high of 25199.25 and intraday low of 25024.3
The top gainers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 176.40,+2.65%), HCL Technologies Ltd. (Rs. 1485.00,+2.21%), UltraTech Cement Ltd. (Rs. 12192.60,+1.68%), Sun Pharmaceutical Industries Ltd. (Rs. 1658.35,+1.64%), Tata Consultancy Services Ltd. (Rs. 3061.95,+1.16%), among others.
The top losers of the BSE Sensex pack were Axis Bank Ltd. (Rs. 1169.80,-0.90%), Titan Company Ltd. (Rs. 3550.30,-0.44%), Maruti Suzuki India Ltd. (Rs. 15976.50,-0.21%), Tata Motors Ltd. (Rs. 680.10,-0.18%), HDFC Bank Ltd. (Rs. 977.15,-0.16%), among others.
Metal index was at 34285.11 up by 724.69 points or by 2.16%. Hindustan Zinc Ltd. (Rs. 512.25,+4.55%), Steel Authority of India (SAIL) Ltd. (Rs. 136.65,+3.56%), NMDC Ltd. (Rs. 78.80,+3.36%), JSW Steel Ltd. (Rs. 1176.00,+2.73%), Tata Steel Ltd. (Rs. 176.40,+2.65%),.
Auto index was at 59334.98 down by 92.58 points or by 0.16%. UNO Minda Ltd. (Rs. 1258.30,-4.04%), Sundram Fasteners Ltd. (Rs. 993.00,-1.16%), Ashok Leyland Ltd. (Rs. 138.65,-0.54%), Exide Industries Ltd. (Rs. 397.40,-0.25%), Maruti Suzuki India Ltd. (Rs. 15976.50,-0.21%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4542 , shares advanced were 2203 while 2143 shares declined and 196 were unchanged.