Led by the pharma and IT stocks, the Indian markets ended Thursday’s session in the green with the Sensex over 450 points, and the Nifty above the 17500-level.
While the broader markets, following the benchmarks suite as the mid-cap gained by 0.68 per cent and the small-cap by almost 1 per cent at the market close today.
Index heavyweight Reliance Industries surged over 6 per cent, followed by Divis Lab up over 2.5 per cent at the close.
Britannia slipped most by over 1.5 per cent, followed by IOC nearly 1.5 per cent at the market close.
Latent View Analytics continued being investors choice, as the stock rallied 20 per cent for the second straight session to hit a record Rs 701.90 per share on the NSE.
“However, concerns over rising inflation were visible in the minutes of the recent FOMC meeting signalling higher chances of an aggressive policy tightening.
Meanwhile, participants should continue with a stock-specific approach and maintain positions on both sides,” Ajit Mishra, VP – Research, Religare Broking Ltd said.