Sensex gains 348 pts, Nifty ends at 10,096; RIL up 4% ahead of Q2 earnings

All that happened in Thursday's trade

4:02 PM

Anand James, Chief Market Strategist, Geojit Financial Services

 

Market edged higher, ahead of IIP and inflation data to be released later today, while GST rate reduction positivity lent some support, and metal and realty stocks saw momentum. An improved forecast for industrial production may be an indication that the GST-related woes have started to subside, but the investors will be focusing largely on stock-specific moves on account of corporate earnings season.

3:51 PM

Sectoral trend

Source: NSE

3:47 PM

Sensex heatmap at close

Source: BSE

3:45 PM

Market breadth

The broad market depicted strength. There were two gainers against every loser on BSE. 1,696 shares rose and 971 shares fell. A total of 131 shares were unchanged.

3:43 PM

Broader markets

Broader markets mirrored tha gains in the frontline indices with the BSE Midcap and the BSE Smallcap indices gaining 1% each. 

3:42 PM

Markets at close 

The S&P BSE Sensex ended at 32,182, up 348 points, while the broader Nifty50 settled at 10,096, up 111 points.

3:25 PM

RIL hits record high

Shares of Reliance Industries rallied over 4% to hit its record high of 875 ahead of its September quarter earnings due tomorrow. READ MORE 

WHAT BROKERAGES EXPECT FROM RIL Q2 NUMBERS

3:19 PM

Buzzing stock

 

Man Industries was locked in upper circuit of 20% at Rs 110, also its 52-week high on the BSE, after the company received order worth Rs 925 crore from GAIL (India). READ MORE

3:11 PM

Adani Transmission rallies for 12th straight day

 

Adani Transmission is locked in upper circuit of 5% at Rs 213, extending its 15% gain of the last two trading sessions on the BSE, after the company said Reliance Infrastructure (RInfra) entered into exclusive talks with the company for selling its Mumbai power business. READ FULL REPORT

3:03 PM

European markets

European markets were trading sideways even as Asian markets traded near decade-high and Wall Street logged fresh highs overnight. 

 

The pan-European STOXX 600 index was up 0.01 percent in early deals with no clear direction across the continent. France’s CAC 40 and Spain’s IBEX were down 0.1 percent while Frankfurt’s DAX and the FTSE 100 were very slightly up.