The rally in the market witnessed a lift of 376 points in the Sensex in Thursday's trade. Trading at 26263.75, the Sensex was influenced by strong cues from Asian markets.
Nifty on the other hand lost its initial proximity to the 8,000 level trading at 7962.35.
The sentiments on the street saw Auto stocks in focus as the companies prepare to announce their September sales report card, which was further influenced by the RBI's recent move to cut rates by 50 bps.
Tata Motors, Eicher Motors and Bajaj Auto were prominent losers in the auto sector while Ashok Leyland, Hero MotoCorp and M&M were gainers. Reliance Communications, HCL Tech and IDFC were among the few buzzing stocks.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app