Index Pivotals extended its rise for a second consecutive session with gains in bank, IT, auto and metal stocks, a day after the Central Bank increased repo-rate and maintained neutral stance. Mixed trends witnessed sectorally with stocks in the realty and metals leading the gains.
The Nifty50 of National Stock Exchange clocked up a gain of 84 points settling at 10,768, with 37 stocks in the green and 13 in the red.
On the flip side, the BSE Sensex index rose 284 points to end the day at 35,463, with 22 advances against 9 declines. Barring consumer durables, all the sectoral indices on BSE ended higher led by realty, basic materials, industrials and metal.
Shares of Maithan Alloys Ltd rose up 20% at Rs 698.50, Ramky Infrastructure jumped 19.98% at Rs. 57 and Unitech Limited went up 19.28% making a spectacular rally on NSE on Thursday amid positive market sentiment.
Nifty Metal Index rose 1.48% with SAIL, Hindustan Copper and Tata Steel rising upto 7.24%, followed by seven more components rising upto 3.77 percent on Metal index.
NSE Gainers and Losers: Tata Steel Ltd up 3.82%, Tata Motors up 3.08%, Indiabulls Housing Finance up 2.83% ICICI Bank up 2.52% and Axis Bank went up 2.14%. On the other hand, Titan, Eicher Motors, Indusind bank, Coal India and Lupin went down upto 1.38 percent.