Stock markets on Thursday extended their winning streak but shed gains posted during the day aided by easing crude oil prices and buying in select stocks.
Photo: ANI
Stock markets on Thursday extended their winning streak but shed gains posted during the day aided by easing crude oil prices and buying in select stocks.
At close, the Sensex was up 109.25 points or 0.14 percent at 77,100.47, and the Nifty was up 34.35 points or 0.14 percent at 24,056.
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Among the sectors, performance was on a mixed note with FMCG gained 0.7%, Realty rose 0.3% and Auto index gained more than 2%. On the other hand, IT, Energy, Media, Metal, Oil & Gas were down 0.5-1%.
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On Nifty, the key gainers were Interglobe Aviation, M&M, Max Healthcare, Maruti Suzuki, Tata Consumer. The losers included ONGC, Power Grid Corp, Hindalco, Bharat Electronics and Tech Mahindra.
Nearly 150 stocks touched their 52-week high on the BSE. These included Emcure Pharmaceuticals, Belrise Industries, Minda Corporation, Pidilite Industries, Adani Enterprises, Aditya Birla Capital, Syrma SGS Technology, Federal Bank, AU Small Finance Bank, Navin Fluorine International and ACME Solar Holdings, among others.
Performance of the metal shares also declined for their three-day to 4.62 percent.National Aluminium Company (NALCO), Hindustan Zinc and Vedanta emerging among the major losers. NALCO was the biggest loser, falling 4.38 percent, Hindustan Zinc declined 4 percent, while Vedanta fell 3.27 percent.
Among the banking stocks, State Bank of India gained about 1%, while ICICI Bank, Kotak Mahindra Bank and HDFC Bank also closed in positive territory. On the other hand, AU Small Finance Bank, IndusInd Bank and Axis Bank limited the gains.
Some of the key auto stocks, including Mahindra & Mahindra, TVS Motor Company, Maruti Suzuki India, UNO Minda, and Force Motors, closed higher by between 2.5% and 4%.
Crude oil prices have fallen to pre-Iran war levels, reaching a fresh low of around $72 per barrel in international markets. Brent crude fell over 1.52% to around $72.4 a barrel, while the US benchmark West Texas Intermediate (WTI) fell 1.43% to about $69.3 a barrel.
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