Sensex jumps 150 points; NTPC, Tata Steel top gainers

Sensex Zooms 179 Points to 32776, Nifty at 10099

The domestic benchmark indices recovered from six-week lows as BSE Sensex gained as many as 352 points to 32,949.21 while Nifty50 ended the session at 10,166.70, up 123 points. Meanwhile, the Nifty was trading higher by 75.70 points or 0.75% at 10,119.80 with 45 components gaining.

The benchmark BSE Sensex and the NSE Nifty opened higher on Thursday. Investors seemed to be bargain buying after the recent fall.

Stocks of state-run oil marketing companies such as HPCL, BPCL and International Olympic Committee recorded gains of up to 1.83 per cent after global crude prices dropped by almost three per cent to trade below $63 a barrel.

The index had lost 205 points on Wednesday after the Reserve Bank held the policy rate and raised the inflation forecast for the remainder of the financial year.

Mueller Demands Trump's Deutsche Bank Account Details, Where President Owes Millions
Deutsche Bank is not the only Trump-related business interest that is attracting the attention of investigators. Kushner also flatly denied Russian financial connections when he talked with members of Congress this fall.

"A weak dollar overseas capped the rupee losses", a dealer said. Crude prices in the worldwide markets slipped almost 3 per cent on Wednesday, its biggest daily decline in more than two months, after a sharp rise in United States inventories of refined fuel suggested demand may be weakening.

Major index gainers were GAIL, Bharti Airtel, Tech Mahindra, UPL, Asian Paints, Maruti, Bharti InfraTel, Tata Steel and Bajaj Auto.

Coal India (-0.7%), TCS (-0.6%), Cipla (-0.4%), and Wipro (-0.5%) were the top losers. Asian major also settled higher on Thursday with Nikkei 225 index climbing over 1 per cent followed by Hang Seng 0.28 per cent. However, profit selling trimmed some gains off key indices in early afternoon trade.

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