Hi! You are listening to ETMarkets Evening Podcast.This is Abhinav Kaul and I will get you today's trading high points plus razor-sharp analyses from the best of market gurus.It's not that all headwinds are gone.
But trust the market to show its wild side, too.The contrast could not get starker than this.Key stock barometers on Thursday staged a stunning comeback, a day after they found themselves down in the dumps.Sensex scored 318 points to finish at 34,663.
The Nifty climbed 84 points to 10,514.Momentum built up as heavyweights Infosys and TCS made the most of a weaker rupee.Bharti Airtel won the Sensex match.
The stock rallied over 4 per cent after a Trai report suggested that the company's subscriber base rose in March.
BSE IT, telecom and technology looked fit and fab with gains of over 2 per cent.
Oil gas, utilities and auto indices were on the backfoot.Sanjiv Bhasin of India Infoline, has more on fundamentals.
Byte 1: Sanjiv BhasinJet Airways made it big with the biggest spike in open interest at 38.26 per cent, followed by ONGC (33.22 per cent) and GAIL (32.89 per cent).
Dyaneshwar Padwal of KIFS Trade Capital, explains the the technical side of the story.
Byte 2: Dyaneshwar Padwal Thats it for now folks.
Do check out ETMarkets.com for detailed market analysis and come back for our regular market podcast on Friday morning.
Have a wonderful evening ahead.