For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Sensex Ends Higher On Strong Asian Cues; Oil Price Rebound

|

Benchmark indices ended the day strong as oil prices saw a rebound and Asian markets rallied in trade. Markets ended the day with gains, building on the sharp rally seen on Wednesday.

The Sensex closed the day with gains of 267 points, while the Nifty gained 83 points in trade. Leading the set of gainers was Dr Reddy's Labs, along with Hindalco and Hero Motor Corp. Shares in ONGC ended higher by almost 4 per cent, after a solid rebound in oil prices. The stock had hit a 52-week low last week.

Sensex Ends Higher On Strong Asian Cues; Oil Price Rebound
ICICI Bank, which hit a fresh 52-week low on Wednesday saw some value based buying after reports that the bank was planning to look at retail loans to clear the NPA mess. The stock was up almost 3 per cent in trade.
Quick Heal, which got listed today, ended the day lower by a huge 15 per cent. The stock many analysts felt were over priced at the time of the IPO.
 

Kalindee Rail gained ground after reports that the Cabinet Committee on Economic Affairs had approved the construction of six railway lines and a railway bridge.

Maruti Suzuki, Axis Bank and Tata Steel were the top losers in trade from the Nifty.
Meanwhile, markets across Europe, which opened the day higher saw some selling pressure after a robust rally seen on Wednesday. The German DAX and the French CAC were higher in trade.

GoodReturns.in

Read more about: sensex nifty
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC

We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more