Sensex Jumps 350 Pts, Nifty At 21,600; Bajaj Twins Rally
Equity benchmark indices snapped three day losses to edge higher on Thursday, despite losses in other global markets. The BSE Sensex rose 300 points to 71,650 and the NSE Nifty50 gained 78 points to 21,600.
Bajaj twins, Infosys, Tata Motors, NTPC and Wipro were the leading gainers on the Sensex. Adani Ports was the additional winner on Nifty.
On the flip side, Tata Steel, Maruti, BPCL and Bajaj Auto were among the lead frontline drags.
Bajaj Finance was up nearly 4 per cent after its AUM crossed the Rs 3 lakh crore-threshold for the first time in Dec quarter.
The broader markets were firm too. The BSE MidCap and SmallCap indices gained up to 0.77 per cent.
Nifty Financials and IT indices led sectoral gains. FMCG was also firm while pharma pocket was flat.