Sensex Ends 224 pts Higher, Nifty Holds 16,600 Amid Volatility; ITC Rallies 5%, Adani Ent Down 27%
Sensex Ends 224 pts Higher, Nifty Holds 16,600 Amid Volatility; ITC Rallies 5%, Adani Ent Down 27%
Sensex Today: Markets opened on a tepid note on Thursday morning.

Sensex Today: Domestic equity markets exhibited mixed trends in Thursday’s trade. Benchmark indices Nifty50 closed flat at 17,604 levels, whereas the S&P BSE Sensex advanced 224 points or 0.3 per cent to close at 59,932 levels. While the Nifty50 managed to climb 37 points to hit day’s high of 17,653, it later reversed 208 points gain to hit day’s low of 17,445 levels.

Broader markets, however, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices surged up to 0.5 per cent.

Sectorally, Nifty FMCG and Nifty IT indices were best sectoral gainers, gaining up to 2 per cent. On the flipside, Nifty Metal index was the worst sectoral performer as it sank over 4 per cent.

Global Cues

Meanwhile, globally, other Asian indices were mixed this morning after US Fed chair, Jerome Powell, said overnight that the Federal Reserve is seeing signs of deflation.

Hong Kong’s Hang Seng index rose 0.69 per cent, while in mainland China, the Shanghai Composite dipped 0.10 per cent. South Korea’s Kospi rose 1 per cent, while Japan’s Nikkei 225 traded just above the flatline.

On Wall Street, Nasdaq Composite jumped 2 per cent, S&P 500 1 per cent, and Dow Jones 0.02 per cent.

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