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Sensex ends 330 pts higher, Nifty above 10,550; IT, pharma, realty gain

Sensex ends 330 pts higher, Nifty above 10,550; IT, pharma, realty gain

parathein
parathein
The indices ended higher on Thursday after the market heavyweights such as Infosys gained over 2%. The S&P gained over 500 points to 34634 levels before trimming gains. In broader markets, Nifty50 index hit an intra-day high of 10,637 levels.

The S&P ended at 34,413, up nearly 330 points while the broader Nifty50 index settled at 10,576, up around 100 points.
ripple
ripple

Among other index stocks, Sun Pharma, Dr. Reddy's, State Bank of India, Axis Bank and HDFC gained between 1.5% to 6.1%. of Cipla surged as much as 6.85% after the country’s fourth-largest drugmaker by revenue reported a 7% jump in quarterly profit on Wednesday.
parathein
parathein

The day's gains came even as Asian flirted with six-week lows. MSCI’s broadest index of Asia-Pacific outside Japan was little changed as U.S. bond yields crept up towards four-year highs. Among regional indices, Nikkei 225, Straits Times, KOSPI and Hang Seng moved up between 0.4% to 1.2%.

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First Published: Thu, February 08 2018. 16:10 IST
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