Benchmark indices Sensex and Nifty ended the session in the green, shrugging off weak global cues and Brent crude hovering near USD 102 per barrel. The 30-share BSE Sensex gained 138.36 points or 0.19 per cent to settle at 74,902.59. During the day, the benchmark hit a high of 75,910.96 and a low of 74,598.47, gyrating 312.49 points. The 50-share NSE Nifty ended with a gain of 46.30 points or 0.20 per cent and closed the session at 23,477.80. However, the broader market ended the session mixed. While the BSE MidCap Select Index fell 64.66 points or 0.34 per cent, the BSE SmallCap Select Index gained 15.03 points or 0.16 per cent.ย
Among sectoral indices, Nifty Metal and Nifty Pharma dropped 0.65 per cent and 0.41 per cent, respectively. However, Nifty Media outperformed and gained 0.55 per cent.ย
“After three sessions of sharp weakness, the markets have rebounded in Thursday’s closing auction session, and Nifty ended the day higher by 46 points. The choppy movement and the lack of strength to sustain the highs continued in the market for the better part of Thursday’s session before showing an uptick towards the end,” said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.