Stock Market Today: Nifty, Sensex Close Higher Ahead Of TCS Q2 Results, US CPI Data
Intraday, the Nifty and Sensex had added around 0.6%.The Nifty ended 0.07% or 16.50 points up at 24998.45 and Sensex added 0.18% or 144.3 points to close at 81611.4.
KEY HIGHLIGHTS
US Futures Trade Lower Ahead Of US CPI
The S&P 500 futures fell 0.13% to 5,833.50, and the Dow Jones Industrial Futures declined 0.10% to 42,771.00. The Nasdaq 100 futures fell 0.16% to 20,431.50 as of 3:29 p.m. IST.
Economic Data, Events Later Thursday
Europe: ECB Monetary Policy Meeting Accounts
US: Core CPI Month-On-Month
US: CPI Month-On-Month, Year-On-Year
US: Unemployment Claims
US: FOMC Member Cook Speaks
US: FOMC Member Barkin Speaks
US: Natural Gas Storage
US: FOMC Member Williams Speaks
US: 30-Year Bond Auction
Nifty, Sensex Close Higher Ahead Of TCS Q2 Results, US CPI Data: Closing Bell
Benchmark equity indices of India closed with little gains on Thursday as the markets look forward to the earnings of the country's largest IT services firm, TCS, to be released later in the day. Inflation data from the US after market hours will also be a key monitorable.
Intraday, the Nifty and Sensex had added around 0.6%.The Nifty ended 0.07% or 16.50 points up at 24998.45 and Sensex added 0.18% or 144.3 points to close at 81611.4.
Ahead of its Sept. quarter results, TCS closed 0.6% lower at Rs 4,227.40.
"Indian equities commenced the weekly expiry day on a firm note and compounded the morning gains but once again failed to hold on and remained rangebound for the rest of the session," said Aditya Gaggar director of Progressive Shares. "Nothing has changed i.e. support and resistance are very well-placed i.e. 24,900 & 25,200, and breakout on either sides will provide a clear picture."
Shares of HDFC Bank Ltd., Kotak Mahindra Bank Ltd., Axis Bank Ltd., Mahindra & Mahindra Ltd., and Maruti Suzuki Ltd. contributed the most to the gains.
While those of Infosys Ltd., Trent Ltd., Sun Pharmaceutical Industries Ltd., Cipla Ltd., and Tech Mahindra Ltd. capped the upside.
Most sectoral indices were lower at close. Nifty Pharma fell the most and Nifty Bank was top gainer.
Market breadth was skewed in favour of buyers. Around 2,266 stocks rose, 1,649 stocks declined, and 131 stocks remained unchanged on BSE.
Broader markets ended on a mixed note. The BSE Midcap ended 0.36% down, while the BSE Smallcap index ended 0.43% higher.
On BSE, 12 sectors ended higher, while eight declined out of 20. The BSE Bankex rose the most, while the BSE Healthcare declined the most.
Rupee Weakens Against US Dollar
-Rupee weakened by 2 paise to close at 83.98 against the US dollar.
-It closed at 83.96 on Wednesday.
Source: Bloomberg
Markets At Close
Nifty and Sensex pare opening gains and close near day's low
Investors await quarterly earnings of TCS and US CPI data due Thursday
Nifty ends 0.07% or 16.50 points up at 24998.45
Sensex ends 0.18% or 144.3 points higher at 81611.41
Broader indices were mixed; Nifty Midcap 100 ended 0.3% down and Nifty Smallcap 250 closed 0.1% higher
Most sectoral indices end lower; Nifty Pharma fell the most and Nifty Bank was top gainer
Kotak Bank and HDFC Bank were top Nifty gainers
Cipla and Tech Mahindra fell the most
