Top gainers in Nifty IT index:
Top losers in BSE Oil & Gas:
O N G C
Nifty sectoral performers of the day
BSE Sensex: Gainers and losers of the day
Market at close
The S&P BSE Sensex ended at 34,663, up 318 points while the broader Nifty50 index settled at 10,514, up 84 points.
Avenue Supermarts up 6% after block deals
Shares of Avenue Supermarts - the operators of retail chain D-Mart, have moved higher by 6% to Rs 1,437 on the BSE in noon deal trade on Thursday, after nearly one per cent or 5 million equity shares of the company changed hands through multiple block deals. READ MORE
rose on Thursday, driven by IT stocks
such as Infosys and Tata Consultancy Services on the back of a weak rupee.
The S&P BSE Sensex
ended at 34,663, up 318 points while the broader Nifty50 index settled at 10,514, up 84 points.
has weakened by more than 7% so far this year, hitting its lowest since December 2016 at 68.46 per dollar on Wednesday, as surging crude oil prices
weigh on India, the world’s third largest importer of the commodity, raising fears that soaring costs could drive up inflation and widen the trade deficit.
IT index rose over 2%, its biggest intraday gain in nearly four weeks, and has gained 18% so far this year. Infosys rose as much as 2.9% and TCS climbed 3%.
Meanwhile, Oil and Natural Gas Corporation (ONGC) trimmed losses to end 4% lower after falling 10% in intra-day trade after the media reports suggested that the government may ask the company to share the burden to reduce fuel price.
In the global markets, Asian shares
fell on Thursday after the US government launched a national security probe into car imports that could lead to new tariffs, and President Donald Trump’s comments suggested setbacks in US-China trade talks.
MSCI’s broadest index of Asia-Pacific shares
outside Japan was about 0.1% higher, but Japan’s Nikkei stock index fell 1.1% as auto shares
slumped. South Korea’s KOSPI lost 0.2%.
In commodities markets, US crude was down 0.3 per cent at $71.63 a barrel. Oil prices
fell on Wednesday after an unexpected rise in US crude and gasoline inventories. Brent futures were 0.4 per cent lower at $79.50 a barrel, continuing to move lower after rising above $80 last week for the first time since November 2014 last week.
(with Reuters inputs)