Benchmark indices snap losing trend, end higher in volatile market

In a volatile trading session on Thursday, the domestic indices snapped a four-day losing streak and ended higher in the wake of US Fed decision that satisfied investors sentiments.

The US Fed Chairman did a balancing act and this satisfied the investors, experts said.

Sensex added 113.11 points or 0.20 per cent to close at 57,901.14 while its broader peer Nifty gained 27 points or 0.16 per cent to end at 17248.40 points.

Among the gainers was Borosil which hit the upper circuit of 20 per cent to Rs 441.20, scaling a new 52-week high. In the last two sessions, the gains have been 35 per cent for this houseware product.

Among the other gainers were Suvidhaa Infoserve, Websol Energy, BCL Industries and New Delhi Television.

Among the losers the topmost was Nectar Lifescience which glanced 9 per cent to Rs 26.50 on the back of profit booking.

The other losers included Gujarat Flurochemicals, IIFL Wealth Management and Satin Creditcare Network.

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