Highlight
- Tata Steel, Larsen & Toubro, HCL Technologies, Sun Pharma, ICICI Bank, Maruti and Axis Bank win
- Bajaj Finance, IndusInd Bank, Hindustan Unilever and Kotak Mahindra Bank were among the laggards.
- Domestic stock markets remained closed on Wednesday on account of Dussehra festival.
Equity benchmark indices opened on a positive note on Thursday amid fresh foreign inflows and a mixed trend in Asian markets.
The 30-share BSE Sensex rose 513.29 points to 58,578.76 in early trade. The broader NSE Nifty rose 154.5 points to 17,428.80.
Tata Steel, Larsen & Toubro, HCL Technologies, Sun Pharma, ICICI Bank, Maruti and Axis Bank were the winners in the 30-share Sensex pack.
However, Bajaj Finance, IndusInd Bank, Hindustan Unilever and Kotak Mahindra Bank were among the laggards.
Elsewhere in Asia, markets in Seoul and Tokyo were trading higher, while Shanghai and Hong Kong were down.
On Wednesday, the US markets closed with a slight decline.
Domestic stock markets remained closed on Wednesday on account of Dussehra festival.
On Tuesday, the BSE benchmark had jumped 1,276.66 points or 2.25 per cent to close at 58,065.47 in the previous session.
The Nifty closed at 17,274.30, up 386.95 points or 2.29 per cent.
According to Prashant Taapsee – Research Analyst, Senior VP (Research), Mehta Equities Ltd, FIIs and DIIs (domestic institutional investors) became net buyers in Tuesday’s trade and maintained buying momentum in the US dollar index against major currencies. It might help to keep.
Meanwhile, international oil benchmark Brent crude futures rose 0.13 per cent to 93.49 per barrel.
According to data available with BSE, foreign institutional investors were net buyers as they bought shares worth Rs 1,344.63 crore on Tuesday.
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