New Delhi, Jan 24 : Reversing their two-day losing streak, markets ended higher on Thursday.
The BSE Sensex jumped 86.63 points or 0.24 percent, to at 36,195.10. Intra-day it touched a high of 36,258.28 and low of 35,996.68. The gauge had lost over 470 points in the previous two sessions.
Similarly, the 50-share NSE Nifty closed higher by 18.30 points or 0.17 percent, at 10,849.80. It oscillated between 10,866.35 and 10,798.65.
Meanwhile, Tata Motors, Sun Pharma, Coal India and Bajaj Auto were the top losers that capped the gains, falling up to 2.27 percent.
Domestic institutional investors (DIIs) made purchases worth Rs 583.77 crore, while foreign institutional investors (FIIs) sold shares worth a net of Rs 775.82 crore Wednesday, as per provisional data.
On the other hand, Tata Motors, Infosys, Tata Steel, M&M, Coal India, L&T and IndusInd Bank were under selling pressure, limiting the gains on key indices.
Domestic institutional investors (DIIs) made purchases worth Rs 583.77 crore, while FIIs sold shares worth a net of Rs 775.82 crore on Wednesday, as per provisional data.
The rupee strengthened 14 paise to 71.19 against the dollar at the interbank forex market Thursday on increased selling of the American currency by exporters and banks.
Asian shares rose on Thursday after Wall Street managed to end higher, a Reuters report said. MSCI`s broadest index of Asia-Pacific shares outside Japan was up 0.2 percent. It has gained 3.8 percent so far this month.
Australian shares were 0.1 percent higher while Japan`s Nikkei lost more than 0.3 percent in early trade. On Wall Street, all three major U.S. equity indexes closed in positive territory, with the Dow Jones Industrial Average booking the largest gains. The S&P 500 gained 0.22 percent.
