The Indian equity indices recovered from the day's low to end higher on Thursday,withstanding weak global cues amid worries over the US economy and a possible default on US government debt.
At close, the Sensex was up 98.84 points or 0.16% at 61,872.62, and the Nifty was up 35.75 points or 0.20% at 18,321.15.
Stocks and Sectors
Bajaj Auto, Adani Enterprises, Bharti Airtel, ITC and Divis Laboratories were among the biggest gainers on the Nifty, while Wipro, Tata Motors, UPL, Sun Pharma and HDFC were among the big losers, according to reliable sources.
On sectoral front,all indices ended in the green except metal and PSU Bank.The realty index was up a percent, while auto, capital goods, FMCG and power gained 0.5 percent each.
The BSE midcap index rose 0.36 percent and the smallcap index added 0.27 percent, according to estimates.
On 25th May'23,the Indian rupee falls 7 paise to close at 82.75 against the US dollar.
Market experts have recommended 6 buy or sell stocks for Thursday —Coal India, JK Tyre, Tata Power, Suzlon Energy, LIC Housing Finance, and Laurus Labs.
(Writer is a Finance Research Analyst, based in Gandhinagar, Gujarat)
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