Sunday, December 22, 2024

Markets bounce back from intra-day lows; settle higher on fag-end buying

Date:

Mumbai: Equity benchmark indices bounced back from intra-day lows to settle in positive territory on Thursday helped by fag-end buying.

In a volatile trade amid the monthly derivatives expiry, the 30-share BSE Sensex climbed 98.84 points or 0.16 percent to settle at 61,872.62. During the day, it hit a high of 61,934.01 and a low of 61,484.66.

The NSE Nifty gained 35.75 points or 0.20 percent to end at 18,321.15 after beginning the trade on a weak note.

From the Sensex pack, Bharti Airtel, ITC, Kotak Mahindra Bank, Larsen & Toubro, Power Grid, Bajaj Finance, Infosys, Nestle, Asian Paints and Mahindra & Mahindra were among the major gainers.

Wipro, Tata Motors, IndusInd Bank, HDFC, Hindustan Unilever, State Bank of India, and Tata Steel were the major laggards.

Meanwhile, global oil benchmark Brent crude dipped 1.14 percent to USD 77.47 a barrel.

PTI

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