The BSE benchmark index, opened almost 100 points higher, and went on to touch a high of ….
The overall breadth too was extremely positive, with nearly two advancing shares for every declining stock on the BSE.
PowerGrid Corporation, Tata Steel, Sun Pharma, Tech Mahindra, HCL Technologies, Bajaj Auto, Bajaj Finserv, Bajaj Finance, Infosys and TCS were the other major gainers, up 2-3 per cent each.
In the broader markets, Dish TV India was locked at the 5 per cent upper circuit at Rs 18.05 on the BSE on Thursday amid on reports that telecom services provider Bharti Airtel is in talks with the former to buy majority stake in broadcasting & cable TV operator.
The Sensex was up 521 points at 58,206, and the NSE Nifty had added 159 points to 17,326.
PowerGrid Corporation, Sun Pharma, Tech Mahindra, HCL Technologies and Tata Steel were the other major gainers among the Sensex 30 stocks.
In the broader markets, BEML has surged 10 per cent in intra-day trade to Rs 2,041 amid heavy volumes after Brickwork Ratings India assigned BWR AA ratings to the company’s bank loan facilities with stable outlook.
In the broader market, shares of Vodafone Idea were trading higher for the second straight day, up 6 per cent at Rs 13.40 on the BSE in Thursday’s intra-day trade, and have rallied as much as 21 per cent in past two days on the back of heavy volumes.
The BSE Sensex was at 58,017, up 331 points or 0.58 per cent.
The wealth management arm of Anand Rathi Financial Services, Anand Rathi Wealth, will launch its initial public offering on Thursday.
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