Indian share market indices (Sensex-Nifty) traded on a positive territory on Thursday. The gains emerged in the light of positive global signals after the US & China signed the phase-first deal.
The BSE benchmark Sensex was up 150 points at 42,023, while the Nifty50 of the NSE up 35 points at 12,378-mark at 9.55-am.
Meantime, the Indian rupee opened greater at 70.79-per USD against its last close of 70.82.
Yes Bank, Nestle India, Hindustan Unilever, Kotak Mahindra Bank, and Reliance Industries were the top Nifty gainers, while Vedanta, JSW Steel, NTPC, Tata Steel and Hindalco were major laggards. Avail the best Stock Trading Tips from our experts.
Except for the Nifty Metal which trades marginally lower by 0.86 percent, all indices sectorally were trading in the positive zone, with Nifty Media and Realty leading gains. Nifty banking, Pharma, and FMCG gauges were also trading higher.
Among stocks, shares of Larsen&Toubro Infotech are trading lower by 1.59% to Rs.1,902.90 even after the Company reported net profit growth of Rs376.7-crore from Rs375.5-cr a year ago. Get the Stock Market updates from here.
Shares of Sterlite Technologies are also trading lower by 4.11% to Rs125.95-per share after the company reported a net profit of Rs.91-Cr during Dec-2019 quarter, down from Rs.146-Cr a year ago.