Domestic equity benchmarks Sensex and Nifty snapped their four-day losing run on Thursday to close higher as the IT index surged. Investors' attention has now shifted to RBI Governor Sanjay Malhotra and the Monetary Policy Committee’s December 5 meeting, where markets are watching for cues on a possible rate cut. Advertisement
At the close, the Sensex gained 158.51 points, or 0.19 per cent, to finish at 85,265.32. The Nifty50 added 47.75 points, or 0.18 per cent, to end at 26,033.75.
TCS topped Sensex gainers, advancing 1.48 per cent to Rs 3,227. Bharat Electronics followed with a 1.27 per cent rise. Other major contributors included Tech Mahindra, Infosys, HCL Technologies and Bharti Airtel, which gained 1.26 per cent, 0.93 per cent, 0.89 per cent and 0.76 per cent, respectively.
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