Market Update:
The benchmark indices on Thursday opened flat to negative and erased the red figures after the mid session and ended higher; Rossari biotech’s debut turns out to be banger as the stock hits the high of 803.10.
At close, Sensex was trading up by 268.95 points or 0.71% at 38140.47; Nifty at 11235.85 up by 103 points or 0.93% as Bank and Auto stocks gain.
Rossari Biotech debuted at Rs 670 which was up over 58% of the issue price of Rs 425 and later reaching a high or Rs 803.10 on the same day.
Highlights:
- Sensex and Nifty gain as Bank and Auto stocks shine, IT dips.
- Eicher Motors, SBI, Kotak Mahindra among the top gainers of Nifty.
- Axis Bank, TCS, HUL and Yes Bank among losers of Nifty.
- Axis Bank dipped nearly 4% after being the top performer in the previous session on Wednesday.
- Yes Bank down over 18% on Thursday with the day’s low at 14.60.
- Eicher Motors surged over 5% and crossed the 21K mark on Thursday.
- SBI gains over 3% with the day’s high at 199.10.
- Reliance hits new record high yet again post AGM crossing the 2050 mark.
- Nifty Bank was trading at 23104.45 up over 221.85 points or 0.97%.
- All sectoral indices trade green at market closing.
