Sensex And Nifty Close Higher Amid Turbulent Trading

The benchmark stock indices Sensex and Nifty closed higher on Thursday in a turbulent trade ahead of the scheduled monthly expiry of derivative contracts.

The 30-share BSE Sensex recovered 195.42 points, or 0.27 percent, to 72,500.30. Throughout the day, the benchmark fluctuated between 72,730.00 and 72,099.32.

The broader NSE Nifty went up 31.65 points, or 0.14 percent, to 21,982.80.

IndusInd Bank, Mahindra & Mahindra, HCL Tech, Power Grid, Maruti, State Bank of India, Titan, Asian Paints, Nestle, and UltraTech Cement were among the Sensex’s top gainers.

The laggards were Hindustan Unilever, Bharti Airtel, Tata Motors, ITC, Tech Mahindra, and Axis Bank.

In Asian markets, Seoul, Tokyo, and Hong Kong closed lower, while Shanghai closed higher.

European markets were generally up.

The US markets closed slightly lower on Wednesday.

Brent crude lost 0.43 percent to $83.32 a barrel.

According to exchange data, Foreign institutional investors (FIIs) sold securities worth Rs 1,879.23 crore on Wednesday.

On Wednesday, the BSE Sensex dipped 790.34 points or 1.08 percent to 72,304.88, while the Nifty sank 247.20 points or 1.11 percent to 21,951.15.

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