Mumbai, Jan 17 (UNI) The benchmark index of Bombay Stock Exchange
(BSE) rose on Thursday by 52.79 points to end volatile session on a
positive note at 36,374.08 on back of firm cues from Asian peers
following the drop in US oil prices.
The Nifty of National Stock Exchange (NSE) too moved up by 14.90
points to 10,905.20.
In a highly volatile trade, the Sensex advanced by 92 points to
36,413.60 in early trade and then rallied by 147 points to touch
day's high of 36,468.42 but shaved off some of the gains in intra
day to hit day's low of 36,170.80, before closing positive in late
trade at 36,374.08, up by 52.79 points as compared to its last close.
The Nifty recorded day's high and low at 10,930.65 and 10,844.65
points, respectively.
The sectoral indices like Energy, Finance, IT, Oil & Gas and Realty
pushed the market up, however, selling in Health Care, Industrials
and FMCG capped the market's further gains, brokers said.
The scrips of Axis Bank, HDFC, TCS and Kotak Bank advanced that
supported the equity market, whereas Sun Pharma, Yes Bank, SBI and
Hindustan Unilever dropped.
The broader markets ended in red, as the S&P BSE Mid-Cap index and
Small-Cap fell 0.3 per cent and 0.33 pc.
The market breadth was negative on BSE, as 1,049 shares gained
versus 1,519 declined and 176 were unchanged.
Overseas, oil prices in the United States inched down on Thursday,
after gasoline stockpiles there last week surpassed expectations of
analysts.
As the US West Texas Intermediate (WTI) crude futures were at USD
52.20 per barrel, down 11 cents, from their last settlement.
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