Indian Markets end higher on Thursday for second consecutive session - LuvKush Finserve

Markets end higher for a second consecutive trading session on Thursday with key benchmark indices hitting their one-week high on back of significant buying witnessed in software makers and auto companies. The Bombay Stock Exchange's Sensex rose 127.75 points to end at 18,542.20 while the National Stock Exchange's Nifty gained 35.30 points and closed at 5,594.00. Both the indices witnessed highest close since April 3.

The key trigger for markets will be Infosys results on Friday coupled with Industrial production numbers, which is also due on the same day.

The key sectoral indices such as IT, real-estate, bankex and capital goods sectors gained while oil & gas, metals, power, PSU lead declines on BSE.

The gainers on the Sensex included counters such as Tata Motors surging 4%, ICICI Bank, SBI and HDFC Bank rising 1-3.5%, Infosys was up 3.7% while Larsen & Toubro rose 2%.The laggards included names such as Bharti Airtel declining 2.3%, HDFC dropped 2 %, Tata Steel fell 2.2%, Reliance Industries was down 1.3% on BSE. The broader markets ended positive with mid-caps inching 0.06% up while small-caps gained 0.6% on BSE.

Source : Equity Bulls

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