Nifty hits new high post 1-day hiatus, Sensex jumps 535 points

The domestic equity benchmark indices traded on a higher note on Thursday amid mixed cues from global peers. At close, the Sensex was up 535.15 points or 0.74 percent at 73,158.24, and the Nifty was up 162.40 points or 0.74 percent at 22,217.45. About 1591 shares advanced, 1685 shares declined, and 77 shares unchanged.
Bajaj Auto, HCL Technologies, Eicher Motors, ITC and Coal India were the top gainers on the Nifty, while the losers included IndusInd Bank, HDFC Bank, BPCL, Kotak Mahindra Bank and Hero MotoCorp.
On the sectoral front, Auto, Capital Goods, Metal, Power, Information Technologies and Telecom up 1 percent each. However, bank index ended marginally lower. BSE Midcap gained 1 percent and Smallcap index added 0.5 percent.
Rupee Close:
On 22 Feb'24,the Indian rupee stayed firm for the fourth straight session and gained 4 paise to 82.92 against the US dollar in early trade on Thursday, tracking a weak American currency against major overseas rivals.however, the Indian currency was under pressure due to subdued equity market sentiment and elevated level of crude oil prices, forex trader said reportedly.
Trading Guide:
Market experts have recommended eight stocks to buy for Thursday - Blue Star, Tata Consumer, Shilpa Medicare, DLF, Gujarat Gas, Godrej Properties, Carysil, and Berger Paint.

(Writer is a Finance Research Analyst, based in Gandhinagar, Gujarat)