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The BSE Sensex relinquished most of its gains to close marginally higher at 26227 and the Nifty ended marginally down at 7946. For most part of the day the larger market traded flat-to-positive although it opened by testing the 8000 level as overnight US stocks ended higher. The domestic equity market remained rangebound throughout Thursday before closing 66 points or 0.25 per cent, higher at 26,221. Equity benchmark Sensex rallied as
much as 275 points in early trade, Markets closed marginally higher on the first day of Q3 FY16, amid positive global cues, led by IT majors Infosys and TCS. The broader markers performed in line with the benchmark indices- BSE Midcap and Smallcap indices were up almost 0.2% each. Market breadth was neutral on the BSE with 1,365 advances and 1,321 declines.
The BSE Sensex relinquished most of its gains to close marginally higher at 26227 and the Nifty ended marginally down at 7946. For most part of the day the larger market traded flat-to-positive although it opened by testing the 8000 level as overnight US stocks ended higher. The domestic equity market remained rangebound throughout Thursday before closing 66 points or 0.25 per cent, higher at 26,221. Equity benchmark Sensex rallied as
much as 275 points in early trade, Markets closed marginally higher on the first day of Q3 FY16, amid positive global cues, led by IT majors Infosys and TCS. The broader markers performed in line with the benchmark indices- BSE Midcap and Smallcap indices were up almost 0.2% each. Market breadth was neutral on the BSE with 1,365 advances and 1,321 declines.
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