INSUBCONTINENT EXCLUSIVE:
Domestic equity market Thursday witnessed moderate recovery after choppy trade as both
Sensex and Nifty reversed their two-day losing spell
on the back of gains in heavyweights RIL, ITC and Yes Bank.
During the session, the BSE benchmark
Sensex swung over 260 points both ways on
alternate bouts of buying and selling by participants.
The 30-share index, after opening higher at 36,146.55 points, slipped into the
negative terrain to crack below the 36,000-mark.
"Market was range bound during most part of the day while renewed buying in banking and IT
stocks made the indices close on a positive note
Additionally, the upcoming interim Budget and RBI's monetary policy are the two major events that could steer market sentiment
Mid and smallcaps underperformed as mixed quarter earnings dragged investor’s focus from riskier portfolio." said Vinod Nair, Head of
Research, Geojit Financial Services
Here are the NSE and BSE bulk deals from Thursday's session
NSEBSEWith inputs from PTI