Share market today: The two key equity benchmarks, Sensex and Nifty, on Thursday erased early losses and are trading higher amid mixed global cues. At 10.30 am, the BSE Sensex jumped 333 points to 79,007. On the other hand, the NSE Nifty50 was trading at 23,966, up 98 points.
Stock update
On the 30-share Sensex platform, UltraCemco, JSW Steel, Reliance, Kotak Bank, Tata Steel, Axis Bank emerged gainers. On the down side, HCLTech, Maruti, TechM, Sun Pharma, M&M, L&T were among the losers.
In the broader market, Nifty Midcap gained 0.41 per cent while SmallCap advanced 0.26 per cent.
Sectoral update
Sectorwise, except IT and auto, all other indices are trading in the green. Nifty IT became the top loser, dropping 0.50 per cent. Media and Metal gained 0.85 per cent and 0.59 per cent, respectively.
In the previous session on Wednesday, the BSE Sensex benchmark closed at 78,674, rising 621 points, while the NSE Nifty50 ended at 23,869, up 148 points.
Global update
In Asian markets, Seoul, Tokyo, Shanghai, and Hong Kong were trading lower. US markets ended in the positive territory on Wednesday.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,535.43 crore on Wednesday, according to exchange data.
Global oil benchmark Brent crude declined 0.21 per cent to $85.07 a barrel.
