Sensex Ends 85 Points Higher In Volatile Trade, Nifty Holds 18,250; Tata Steel, JSW Steel Top Gainers

Both the domestic indexes logged their fifth straight session gains following a seesaw action.

New Delhi: The Indian equity benchmarks managed to finish in green on Thursday in a highly volatile trading session. The 30-share BSE Sensex rose 85 points or 0.14 per cent to close at 61,235, while the broader NSE Nifty settled 45 points or 0.25 per cent higher at 18,258. Both the indexes logged their fifth straight session gains following a seesaw action.

Mid- and small-cap shares finished on a positive note as Nifty Midcap 100 index surged 0.65 per cent and Nifty Smallcap 100 index gained 0.61 per cent.

Nine out of the 15 sector gauges — compiled by the National Stock Exchange — settled in green. Nifty Metal outperformed the index by rising as much as 3.48 per cent.

On the stock-specific front, Tata Steel was the top Nifty gainer as the stock zoomed 6.26 per cent to Rs 1,219. JSW Steel, Sun Pharma, Coal India and Larsen & Toubro were also among the gainers.

On the flipside, Wipro, Asian Paints, HCL Tech, HDFC Bank and IndusInd Bank were among the laggards.

Shares of Wipro slipped as much as 6 per cent to settle at Rs 649.85. The Indian IT services provider reported a subdued profit in the third quarter (Q3) of the financial year 2021-22 (FY22).

The overall market breadth stood slightly positive as 1,745 stocks advanced while 1,678 declined on BSE.

On the 30-share BSE platform, Tata Steel, Sun Pharma, L&T, PowerGrid, Bajaj Finserv and Mahindra & Mahindra attracted the most gains with their shares rising as much as 6.35 per cent.

Wipro, Asian Paints, HDFC Bank, HCL Tech, IndusInd Bank, Maruti and Kotak Mahindra Bank were among the losers.

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