Top sectoral gainers and losers on NSE
The S&P BSE Sensex ended at 35,261, up 119 points, while the broader Nifty50 index settled at 10,617, up 40 points.
Among the sectoral indices, the Nifty Financial Services index settled 1.1 per cent higher led by a rise in the share prices of Max Financial Services, Power Finance Corporation and Mahindra & Mahindra Financial Services. The Nifty Bank index, too, ended 0.9 per cent higher led by IDFC Bank and Axis Bank.
YES Bank fell 7.3 per cent to Rs 206.30 on the BSE after Ashok Chawla, the bank's non-executive chairman, stepped down with immediate effect, following his name appearing in Aircel-Maxis controversy. Independent Director Vasant Gujarathi has also quit, citing personal commitments. The bank's board has appointed Uttam Prakash Agarwal as additional director (Independent) for five years, subject to shareholder’s approval.
Vodafone Idea ended 10.6 per cent lower at Rs 37.05 on the BSE after the company reported a net loss of Rs 49.7 billion on a revenue of Rs 120.2 billion. For the July-September quarter, earnings before interest, tax, depreciation and amortisation (Ebitda) declined 28.7 per cent to Rs 9.8 billion.
The rupee is traded on a firm note on Thursday having risen to a near two-month high of 71.86 against the dollar in intra-day trade, up from its previous close of 72.31 against the greenback.
Elsewhere, Australian stocks inched up 0.05 per cent and Japan's Nikkei shed 0.2 per cent.