Sensex Ends 98 Points Higher; Shree Cement, SBI And Wipro Among Top Nifty Gainers

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

Benchmark indices witnessed volatile trading activity and swung between gains and losses amid mixed investor sentiment across global markets.

At the closing bell, the BSE Sensex stood higher by 98 points (up 0.2%).

Meanwhile, the NSE Nifty closed higher by 36 points (up 0.2%).

State Bank of India and Shree Cements were among the top gainers today.

HDFC and IOC, on the other hand, were among the top losers today.

The SGX Nifty was trading at 15,423, up by 79 points, at the time of writing.

The BSE Mid Cap index and the BSE Small Cap index ended up by 0.6% and 0.5%, respectively.

Sectoral indices ended on a positive note with stocks in the banking sector, IT sector, and metal sector witnessing most of the buying interest.

Realty and telecom stocks, on the other hand, witnessed selling pressure.

Shares of V Guard Industries and TTK Prestige hit their respective 52-week highs today.

Asian stock markets ended on a mixed note today as investors weighed the prospects for recovery in major economies.

The Hang Seng ended down by 0.2%, while the Shanghai Composite ended up by 0.4%.

The Nikkei ended down by 0.3% in today's session.

US stock futures are trading on a flat note today with the Dow Futures trading down by 31 points.

The rupee is trading at 72.59 against the US$.

Gold prices for the latest contract on MCX are trading down by 0.3% at Rs 48,630 per 10 grams.

In news from the paints sector, Berger Paints was among the top buzzing stocks today.

Shares of Berger Paints dipped over 4% in intra-day trade today even as the company reported that its consolidated net profit more than doubled in the fourth quarter.

The country's second-largest paint maker Berger Paints India on Wednesday reported its consolidated net profit for the quarter ended March increased by 102% to Rs 2.1 billion from Rs 1 billion in the previous March quarter.

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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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