D-Street Settles At New High For 5th Session: Sensex Rises 141 Points, Nifty Above 23,560

Benchmark indices remained volatile all through the day on Thursday, swinging between gains and losses, and investors adjusted their position amid the weekly F&O expiry.

The BSE Sensex oscillated 543 points intraday before settling 141 points, or 0.18 per cent, higher at 77,479 levels. The Nifty50, too, moved within a band of 182 points before ending at 23,567, up 51 points or 0.22 per cent.

Grasim, Hindalco, JSW Steel, BPCL, Adani Ports, Kotak Bank, Reliance Industries, L&T, HUL, and Coal India were the top large-cap gainers on the broader 50-stock index. These stocks gained up to 2 per cent.

In the broader markets, the BSE MidCap, and SmallCap indices outshone the frontline indices with 0.55 per cent and 1 per cent gains, respectively.

Among sectors, the Nifty Metal index edged 1,8 per cent higher, the Nifty Realty 2 per cent, and the Nifty Private Bank 1.16 per cent. On the downside, the Nifty Auto fell 0.45 per cent.

Global Cues

Japan’s Nikkei declined 0.70 per cent, contrasting with Korea’s Kospi which saw a gain of 0.13 per cent. Australia’s ASX200 witnessed a marginal decrease of 0.03 per cent.

In the preceding trading session, European markets closed with slight declines. The UK’s FTSE rose 0.17 per cent driven by inflation figures aligning with forecasts. Conversely, Germany’s DAX fell by 0.35 per cent while the FTSE in the UK increased by 0.60 per cent.