The frontline indices ended a tad higher on Thursday ahead of December quarter results from market heavyweights - Reliance Industries (RIL) and Hindustan Unilever (HUL).
The S&P BSE Sensex
ended at 36,374, up 53 points or 0.15 per cent, while the broader Nifty50 index settled at 10,905, up 15 points or 0.14 per cent.
Among sectoral indices, the Nifty
PSU Bank index fell 1.56 per cent weighed by State Bank of India (SBI) and Union Bank of India. The Nifty
Pharma index too declined 1.37 per cent weighed by Sun Pharmaceutical Industries.
In the broader market, S&P BSE MidCap index fell 45 points or 0.30 per cent to settle at 15,142 while S&P BSE SmallCap index slipped 48 points or 0.33 per cent to end at 14,612.
Shares of Reliance Industries (RIL) ended flat at Rs 1,134 apiece on the BSE ahead of the December quarter (Q3FY19) result today. Fast-moving consumer goods (FMCG) major HUL fell 1.12 per cent to Rs 1,750 on the BSE.
Shares of Axis Bank hit a record high of Rs 679 per share, up 2 per cent on the BSE in intra-day trade, on expectations of a strong recovery in earnings, due to lower provisioning. The stock surpassed its previous high of Rs 677 recorded on September 10, 2018, in intra-day trade. The stock eventually settled at Rs 676, up 1.91 per cent.
Asian stocks nudged higher on Thursday after see-sawing through a subdued session on concerns over China's economic outlook, while an anti-climactic end to the latest chapter in the Brexit
saga offered sterling a moment's peace.
was thin on the ground leaving MSCI's broadest index of Asia-Pacific shares outside Japan up a slight 0.2 per cent. Japan's Nikkei was almost flat after dithering in both directions. China's blue-chip index recouped early losses to gain 0.4 per cent.
prices inched down on Thursday, with traders worried about the strength of demand in the United States after gasoline stockpiles there grew last week by far more than analysts had expected.
US West Texas Intermediate (WTI) crude futures were at $52.20 per barrel, down 11 cents, or 0.2 per cent, from their last settlement. WTI futures closed up 0.4 per cent on Wednesday. International Brent crude oil
futures had yet to trade, after closing up 1.1 per cent in the previous session.
(with Reuters input)