Sensex Ends Volatile Trade 33 Points Higher; Nifty Above 22,450; Tata Steel Jumps 4%
Sensex Ends Volatile Trade 33 Points Higher; Nifty Above 22,450; Tata Steel Jumps 4%
JSW Steel, Bajaj twins, Power Grid, Tata Steel and SBI led gains on the Sensex, while UPL was the additional Nifty gainer.

Sensex Today: Benchmark indices moved in a narrow range around th flat line on Thursday, while the broader indices held their gains through the day.

The S&P BSE Sensex, thus, ended at 74,119, up 33 points or 0.05 per cent, while the Nifty50 shut shop at 22,493, up 20 points or 0.09 per cent. In the broader markets, the BSE MidCap and SmallCap indices closed up to 0.7 per cent higher.

Among top large-cap gainers, Tata Steel, JSW Steel, Bajaj Finserv, tata Motors, Bajaj Finance, ITC, Asian Paints, Neslte India, and TCS gained over 1 per cent.

Among sectors, the Nifty Media index rallied over 2 per cent, and the Nifty Metal index 1.4 per cent. On the downside, the Nifty Bank fell 0.3 per cent dragged by private banks.

Global Cues

Markets across Asia-Pacific hoisted the green flag on Thursday morning. In Asian markets, Japan’s Nikkei index soared 0.8 per cent to reach its new record high at 40,314.64, while the broad based Topix too hit its fresh high rising by 0.6 per cent.

South Korea’s Kospi was up by 0.42 per cent, and the small-cap Kosdaq dropped by 0.1 per cent. Hong Kong Hang Seng index futures stood at 16,565, surpassing the HSI’s previous close of 16,438.09, indicating a potential extension of gains on Wednesday.

In the US, the Nasdaq Composite added 0.58 per cent as the market recovered on Wednesday after the decline seen on previous two days. The Dow Jones Industrial Average gained 0.2 per cent, and the S&P 500 shot up by 0.51 per cent.

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