Sensex Ends 154 Points Higher; ONGC And L&T Among Top Nifty Gainers

Indian share markets witnessed volatile trading activity today and ended marginally higher.

In the afternoon session, benchmark indices turned volatile and climbed off their fresh lifetime highs scaled in early trade. However, losses were recouped during closing hours amid huge buying seen in metal and capital goods stocks.

At the closing bell, the BSE Sensex stood higher by 154 points. The NSE Nifty stood higher by 44 points.

ONGC and L&T were among the top gainers today. M&M, on the other hand, was among the top losers today.

SGX Nifty was trading at 13,584, up by 67 points, at the time of writing.

The BSE Mid Cap index ended up by 0.8%. The BSE Small Cap index ended higher by 0.7%.

Sectoral indices ended on a positive note with stocks in the capital goods sector and the oil & gas sector witnessing buying interest.

The BSE Capital Goods index hit a fresh 52-week high of 18,252, up 2%, on the expectation of sustained growth momentum. The shares of Larsen & Toubro (L&T), Bharat Electronics, Graphite India, NBCC and Lakshmi Machine Works from the index were up in the range of 2-6%.

Asian stock markets ended on a positive note. As of the most recent closing prices, the Shanghai Composite stood higher by 0.7% and the Nikkei ended up by 0.3%.

US stock futures are trading higher today, indicating a positive start for Wall Street indices.

Nasdaq Futures are trading up by 47 points (up 0.4%), while Dow Futures are trading up by 197 points (up 0.7%).

The rupee is trading at 73.52 against the US$.

Gold prices are trading down by 1% at Rs 48,822 per 10 grams.

In latest developments from the IPO space, shares of Burger King India made a strong debut at the bourses today, with the stock of the quick-service restaurant (QSR) nearly doubling against its issue price.

The stock listed at Rs 115.35, a 92% premium against its issue price of Rs 60 on the BSE.

1 2 3 4
View single page >> |

Disclosure: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research ...

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.