Sensex Rebounds 443 Points, Nifty Tops 15,550; Auto, Tech Stocks Surge

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Sensex Rebounds 443 Points, Nifty Settles Above 15,550; Auto, Tech Stocks Surge

Sensex and Nifty settled connected a higher enactment today.

New Delhi:

Indian equity benchmarks traded higher connected Thursday aft a bleak start, supported by gains successful automobile, exertion and pharma stocks. A autumn successful crude lipid prices boosted home sentiment today.

Brent crude futures dropped astir 1.91 per cent to $109.61 per tube arsenic investors recalibrated assessments of recession risks and substance demand.

"Commodity prices are lower, particularly oil, and that is comparatively bully for India arsenic it is mostly an importer. This could positively interaction home inflation," Narendra Solanki, Head of Research astatine Anand Rathi Investment Services, told quality bureau Reuters.

The 30-share BSE Sensex jumped 443 points oregon 0.86 per cent to adjacent astatine 52,266 today, portion the broader NSE Nifty moved 143 points oregon 0.93 per cent up to settee astatine 15,557.

Mid- and small-cap shares finished connected a beardown enactment arsenic Nifty Midcap 100 roseate 1.21 per cent little and small-cap moved 1.31 per cent higher.

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