Despite mixed global markets, the Indian benchmarks opened higher and traded in the green throughout the session, however, final hour selling especially in metal, FMCG, Consumer Durables names erased some of the intraday gains.
At close, the Sensex was up 313.02 points or 0.38 percent at 82,693.71, and the Nifty was up 91.15 points or 0.36 percent at 25,330.25.
Broader indices extended the winning run on ninth consecutive session with Nifty Midcap index ending marginally higher and smallcap index added 0.68%.
Tata Consumer, SBI, BEL, Kotak Mahindra Bank, Maruti Suzuki were among top gainers on the Nifty, while losers included HDFC Life, Tata Steel, Bajaj Finserv, Titan Company, SBI Life Insurance.
Among sectors, FMCG, consumer durables, telecom, metal ended lower while auto, PSU bank, IT, oil & gas rose between 0.5-2.6%.
In stock-specific action, PNC Infratech shares jumped 2% on CCI approval for acquisition of Jaiprakash Associates, Mangal Electrical Industries shares shed 7% after Q1 profit declined 31%, Premier Explosives shares added 12% on revocation order from Telangana Pollution Control Board, Lupin shares down 1% on six observations from USFDA.
Aditya Birla Fashion share price added 4% on launching new retail brand OWND, Mahindra Lifespace Developers shares gained 3.7% on winning redevelopment project in partnership, Bharat Electronics share surged 2.5% on winning additional orders worth Rs 712 crore, Gokaldas Exports climbed 4% after ICICIdirect.com upgraded the stock to 'buy' with target of Rs 950, Hyundai Motor India shares rose 2% on long-term wage settlement agreement.
Nearly 160 stocks touched their 52-week highs on the BSE, including Affle 3I, Indian Bank, Dalmia Bharat, Maruti Suzuki, Cummins India, L&T Finance, JSW Steel, Tata Steel, Aadhar Housing, Zydus Wellness, Amber Enterprises, UNO Minda, Manappuram Finance, among others.
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