Sensex Ends 157 Points Higher; ITC, L&T And Asian Paints Among Top Nifty Gainers

Indian share markets witnessed volatile trading activity throughout the day today and ended higher.

After two successive trading sessions of strong gains, benchmark indices slipped marginally lower in early trade today but bounced back later in the session as index heavyweights ITC, Reliance and L&T supported the markets.

At the closing bell, the BSE Sensex stood higher by 157 points (up 0.3%).

Meanwhile, the NSE Nifty closed higher by 47 points (up 0.3%).

ITC and Larsen & Toubro were among the top gainers today.

HDFC Bank and Titan Company, on the other hand, were among the top losers today.

The SGX Nifty was trading at 17,546, up by 32 points, at the time of writing.

The BSE MidCap index and the BSE SmallCap index ended up by 0.4% and 0.8%, respectively.

Sectoral indices ended on a positive note with stocks in the energy sector, FMCG sector and engineering sector witnessing most of the buying interest.

Banking and finance stocks, on the other hand, witnessed selling pressure.

Shares of ABB India and Zee Entertainment hit their respective 52-week highs today.

Asian stock markets ended on a positive note today.

The Hang Seng and the Shanghai Composite ended up by 1.1% and 1%, respectively. The Nikkei ended down by 0.5% in today's session.

US stock futures are trading on a negative note today with the Dow Futures trading down by 64 points.

The rupee is trading at 75.52 against the US$.

Gold prices for the latest contract on MCX are trading on a flat note today at Rs 48,042 per 10 grams.

In news from the telecom sector, RailTel Corp was among the top buzzing stocks today.

Shares of RailTel Corporation of India climbed 5% in early trade today as the company bagged an order worth Rs 2.1 bn from Ircon International for a slew of development on the Dharam-Banihal section of Jammu and Kashmir rail.

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

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