MUMBAI: Equity benchmark indices Sensex and Nifty closed nearly 1 per cent higher on Thursday led by gains in banking, IT and auto stocks amid mixed global trends.
The BSE 30-share Sensex closed 443.19 points or 0.86 per cent higher at 52,265.72. During the day, it closed at 52,516.79, up 694.26 points or 1.33 per cent.
NSE Nifty It rose 143.35 points, or 0.93 percent, to 15,556.65.
From the Sensex pack, Maruti, M&M, Asian Paints, Bharti Airtel, TCS, Sun Pharma, Wipro, ICICI Bank and Hindustan Unilever were the major gainers.
On the other hand, Reliance Industries, NTPC, Power Grid and UltraTech Cement were lagging behind.
Elsewhere in Asia, markets in Hong Kong, Shanghai and Tokyo ended with gains while Seoul closed lower. European markets were trading in the red in mid-session deals.
On Wednesday, US markets closed with a slight decline.
“Indian markets opened on a positive note following Asian market peers, which were mostly trading in the green led by China. Markets pared some of their gains during the afternoon session as European markets turned bearish fears. Struggled to clear the market but managed to trade green,” said Narendra Solanki, Head – Equity Research (Fundamentals), Anand Rathi Shares & Stock Brokers.
On Wednesday, the 30-share BSE Sensex closed down 709.54 points or 1.35 per cent at 51,822.53. The NSE Nifty ended 225.50 points or 1.44 per cent lower at 15,413.30.
Meanwhile, international oil benchmark Brent crude fell by 1.92 per cent to $109.60 per barrel.
Foreign institutional investors (FIIs) remained net sellers in the capital market as they sold shares worth Rs 2,920.61 crore on Wednesday, according to exchange data.
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