Sensex goes up 102 points, Nifty above 10370

25 November, 2017, 01:15 | Author: Valerie Burke
  • Liquidity Drives Sensex, Nifty Up; Reliance, Bajaj Auto, Infosys, Cipla, Top Gainers

Investors will be looking ahead to a report about India's sovereign ratings from Standard & Poor's. The 30-share BSE Sensex finished at 33,679 - a three-week high - and the Nifty closed a little short of 10,400. However, it slipped later. The broader NSE Nifty ended 0.40 percent higher at 10,389.7. On NSE, 1,034 shares advanced and 731 declined, while 65 remained unchanged.

The BSE mid-cap closed higher by 0.58 per cent while the small-cap index was up 0.45 per cent. United States markets closed on a soft note after Federal Reserve released the minutes of its previous meeting which showed that the policy makers are largely positive about the economy but worry that market prices are getting out of hand.

Provisional data with the exchanges showed that foreign institutional investors sold scrips worth Rs 416.28 crore, while domestic institutional investors purchased stocks worth Rs 427.63 crore.

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Sector-wise, Pharma rose by 0.77 per cent followed by FMCG 0.72 per cent, IT 0.67 per cent, Media 0.56 per cent, Auto 0.40 per cent, Infra 0.32 per cent and Private Bank 0.29 per cent.

Among sectoral indices, BSE auto index, BSE IT index and BSE industrials index are among the top gainers.

Mumbai: Stocks on Thursday edged up in a volatile trade as gains in IT and technology ensured the key indices extended their winning streak for the sixth day.

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