For the third day in succession, Benchmark indices jumped upwards amidst positive global hues on Thursday, causing gains in the stocks pertaining to Realty, Financials and IT sectors even as the impending third wave continued to give threat to investors in India.
The 30-share pack Sensex rose 348.72 points or 0.68 per cent to close at 57,315.28 points while its broader peer Nifty went up 117.15 points or 0.69 per cent to end at 17,072.60 points.
In the last three days, the investors have gained Rs 8.58 lakh crore, experts said adding that the positive global hues were due to reports that the last version of Coronavirus, Omricon, is less severe that Delta variant and has reduced hospitalisation cases.
India VIX was, however, down for the third day by 5 per cent to 15.82.
Ceinsys Tech rose 20 per cent after acquiring Allygrow Technologies. CMS Info Systems subscribed 2 times so far today. Zee was down 3 per cent, witnessed profit-booking. PSP Projects gained as much as 3 per cent on getting NOC to manufacture Precast.
Among the top companies, Power Grid was the topmost gainer rising 3.67 per cent, followed by Indian Oil, ONGC, ITC, Bajaj Finance, Cipla, Hero MotoCorp, Infosys and Coal India.
In the loser’s category, Divi’s Labs was the topmost loser in the Nifty pack, dropping 1.76 per cent, followed by JSW Steel, Bharati Airtel, Sun Pharma, UltraTech Cement, Maruti Suzuki and Hindalco Industries.
The Market breadth was in favour of gainers as 2194 stocks ended in the green while 1122 stocks settled with cuts. A total of 270 stocks hit the 52-week highs mostly from smallcap space. Thirteen stocks hit the 52-week lows mostly from microchip space.
