Mkts gain for 4th day amid fresh foreign fund inflows

Mumbai: Equity benchmark indicexsensex and Nifty- ended in the green on Thursday, climbing for the fourth straight day, amid fresh foreign fund inflows and in- tense buying in IT and tele- com stocks.

Buying in index majors In- fosys and Reliance Industries added to the optimism in the equity market.

The 30-share BSE sensex climbed 348.8 points or 0.6% to settle at 60,649. During the day, it jumped 397.7 points or 0.7% to 60,698.

The broader NSE Nifty advanced 101. points or 0.6% to end at 17,915.

Mkts gain for 4th day,
Mkts gain for 4th day

“Market traded firm on the monthly expiry day and gained over half a per cent. After the flat start, the Nifty index gradually inched north- ward and finally settled around the day’s high to close at 17,915 levels. The majority of sectors contributed to the move wherein realty, IT and auto were the top gainers,” said Ajith Mishra, VP technical research, Relegate Broking.

From the Sensex firms, Bajaj Finance, Bajaj Fiserv, Infosys, Bharti Airtel, Kotak Mahindra Bank, Larsen & Toubro, Mahindra & Mahindra, ITC, Tech Mahindra, Tata Steel, Tata Motors, Titan, Re- lance Industries and Nestle were the major winners.

Hindustan Unilever, Power Grid, Axis Bank, Tata Consultancy Services, State Bank of India, Asian Paints and Wi- pro were the laggards.

In Asian markets, Seoul, Japan, Shanghai and Hong Kong ended in the green.

Equity markets in Europe were trading in the positive territory. The US markets had ended mostly lower on Wednesday.

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