INSUBCONTINENT EXCLUSIVE:
Domestic stock markets closed in the green on Thursday led by metal, banking and financial services shares
The SP BSE Sensex closed 118.55 points or 0.34 per cent higher at 35,260.54, while the broader NSE Nifty settled at 10,616.70, 40.40 points
Major advancers on both the indices -- Nifty50 and 30-scrip Sensex -- were Adani Ports, Tata Motors, Axis Bank and Hero MotoCorp, which
gained between 4.2 and 1.8 per cent
Twenty-nine out of 50 Nifty stocks finished with gains
bound to happen as they had earlier corrected because of higher crude prices, said news agency Reuters citing Neeraj Dewan, director at
Quantum Securities.Investor sentiment also got a boost after foreign investors pumped fresh funds into the domestic market, said news agency
Press Trust of India citing brokers
However, profit-booking at higher levels by speculators at the fag-end of the session trimmed some of the day's gains, it further
added.Among prominent laggards was Yes Bank, which closed at Rs 206, down 7.28 per cent, after non-executive independent chairman Ashok
a quarter of their value since early October, boding well for the rupee and boosting positive sentiment as cheaper oil lightens import bill
and eases inflation.On Wednesday, foreign portfolio investors bought while domestic institutional investors sold net shares worth Rs
272.24 crore respectively, showed provisional NSE data.(With agency inputs)
