Live
- PV Sindhu Centre for Badminton and Sports Excellence to come up in Visakhapatnam
- National Cancer Awareness Day: A Comprehensive Guide to Cancer Screenings — Which Tests Are Required and When
- Supreme Court orders liquidation of Jet Airways
- Hema Committee report: Kerala HC appoints amicus curiae to assist Govt in framing policies for women
- Mahindra clocks 13 pc jump in Q2 net profit as SUV, tractor sales surge
- India’s nutraceutical industry eyes global growth with support from Ayurveda: Centre
- Centre doubles penalty for stubble burning amid rising air pollution in Delhi-NCR
- Govt to give facelift to GGH, boost infra in PHCs
- No Uranium mining in Kappatralla village, Collector assures residents
- Fire erupts at private hospital in Nandyal, no casualties
Markets recoup early losses on fag-end buying
Representational image
- Investors looking to next triggers
- European mkts higher in opening trade
- FIIs offloaded equities worth Rs711.34 cr
Mumbai: Equity benchmark indices closed higher on Wednesday, helped by fag-end buying in index majors Reliance Industries, ITC and M&M amid a positive start in European markets. Cautious trade prevailed in the markets for the most part of the day ahead of two major events -- RBI’s monetary policy and the US inflation data -- due to be announced on Thursday.
The 30-share BSE Sensex climbed 149.31 points or 0.23 per cent to settle at 65,995.81. During the day, it fell by 402.12 points or 0.61 per cent to 65,444.38. The benchmark also touched a high of 66,066.01.
The NSE Nifty gained 61.70 points or 0.32 per cent to end at 19,632.55. JSW Steel was the biggest gainer on the Sensex chart, rising 2.68 per cent, followed by Tata Motors, Mahindra & Mahindra, Tata Steel, Titan, ITC, Tech Mahindra, NTPC, Reliance Industries and Larsen & Toubro.
In contrast, Bajaj Finance, Maruti, ICICI Bank, Power Grid, Asian Paints and Axis Bank were major laggards. In Asian markets, Tokyo and Shanghai settled lower, while Seoul and Hong Kong ended in the green. European markets were trading in positive territory.
