Equity indices discard losses to close in green

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Mumbai, Dec 14 (IANS) Shedding the day’s entire losses, key Indian equity indices on Thursday provisionally closed on a higher note lifted by healthy buying in healthcare, banks and auto stocks.

Top gainers on the BSE market breadth were Dr. Reddy’s Lab, Cipla, ITC, Mahindra and Mahindra and Axis Bank. IT major Tata Consultancy Services (TCS) remained the top loser with a loss of 2.62 per cent.

The wider Nifty50 of the National Stock Exchange (NSE) edghed higher by 59.15 points or 0.58 per cent to provisionally close (at 3.30 p.m.) at 10,252.10 points.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33,114.69 points, closed at 33,246.70 points — up 193.66 points or 0.59 per cent — from its previous close.

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The Sensex touched a high of 33,321.52 points and a low of 32,886.93 points during the intra-day trade so far.

However, the BSE market breadth was bearish — 1,528 declines and 1,095 advances.

On Wednesday, the key indices ended a volatile trade session in the red as investors booked profits.

The NSE Nifty50 fell by 47.20 points or 0.46 per cent to close at 10,192.95 points while the 30-scrip Sensitive Index (Sensex) of the BSE closed at 33,053.04 points — down 174.95 points or 0.53 per cent.

–IANS

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