Key Indices ended on a positive zone on Thursday after seven straight days of fall with Sensex surging 330 points while Nifty finished higher over 100 points. Sun Pharma, State Bank of India, HDFC and Reliance Industries boosted the key equity indices up.
Stocks ended in a positive zone after an extended lackluster activity in last one week due to Budget impacts, global sell-off and worries over RBI’s last policy meeting in FY18.
The NSE Nifty-50 added 100.15 points to conclude at 10,576.85 whereas the BSE Sensex gained 330.45 points to close at 34,413.16.
Winners and Losers: Shares of Cipla (up 8.21%), Ambuja Cements (up 7.13%), Sun Pharma (up 6.44%), Bharti Infratel (up 3.47%) and Indiabulls HF (up 3.39%) are the top five NSE toppers followed by Dr Reddy’s, State Bank of India, United Phosphorus Ltd, Infosys, UltraTech Cement, Bosch, Tata Steel, Hindustan Unilever Limited, HDFC, HPCL, Reliance, Maruti Suzuki, Kotak Mahindra Bank, Mahindra & Mahindara and Yes Bank.
The top losers in Nifty pack include shares of Aurobindo Pharma, NTPC, ONGC, Adani ports and ITC slumped 2.45 to 0.45 percent.
Gold cracks to 3-week low: Gold prices plunged by Rs.600 to hit an almost 3-week low of Rs 30950 per 10 grams in the domestic market based on weak global cue.
Oil prices were trading at US dollar 61.42 in the afternoon hours, while Indian Rupee was trading at Rs 64.16 against the US dollar.