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Key indices scaled new highs on Thursday with banking stocks contributing the most to gains on hopes that the govt would increase the foreign investment limits for banks. Positive global stocks also strengthened sentiment.
BSE Sensex closed higher by 178.47 points to 35,260.29, whereas the NSE Nifty 50 rose 28.45 points to close at 10,817.
ITC Ltd, HDFC Bank, HDFC and Mahindra and Mahindra were top gainers, whereas Adani Ports, Tata Steel, Coal India and Sun Pharma were top losers.
Shares of Adani Ports & Special Economic Zone lost 4.5% after the company reported Q3 Dec 2017 results today.
Metal, Realty, Power, Oil & Gas, consumer durables, healthcare, and energy were the top losers in BSE sectoral indices, while those that ended in the positive territory were bank, Finance, FMCG and IT.
Top 5 Sensex gainers were ITC, HDFC Bank, HDFC, Mahindra and Mahindra and Kotak Bank while the major losers were Adani Ports, Tata Steel, Coal India, Sun Pharma and SBI.
Posted in: Indian Market Tips
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