Market Closing Updates: After a shaky start, Indian market indices traded higher on Thursday, helped by increases in firms related to cars, technology, and pharmaceuticals. Today's domestic mood was improved by a drop in crude oil prices.
As investors revised their estimations of the likelihood of a recession and gasoline consumption, Brent crude futures fell by 1.91 percent to USD 109.61 per barrel.
The 30-share BSE Sensex rose 443 points or 0.86 percent to close at 52,266 today, while the broader Nifty rose 143 points or 0.93 percent to conclude at 15,557.
Mid-Cap and small-cap stocks finished on a strong note as Nifty Midcap 100 rose 1.21 per cent and small-cap moved 1.31 per cent higher.
The stock of Maruti rose 6.65% to 8,300.30, making it the top Nifty gainer. Among the winners were Bajaj Auto, Mahindra and Mahinda, Hero MotoCorp, and Eicher Motors. 2,093 shares on the BSE climbed while 1,211 fell, resulting in a positive total market breadth.
Maruti, M&M, Asian Paints, Bharti Airtel, TCS, Sun Pharmaceutical, Wipro, Hindustan Unilever, ICICI Bank, L&T, Bajaj Finserv, and Infosys were among the top gainers on the 30-share BSE index. On the other hand, Reliance Industries, NTPC, PowerGrid, and UltraTech Cement posted negative results.