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Indian markets end Wednesday on positive note despite volatility

Indian markets end Wednesday on positive note despite volatility

India Blooms News Service | | 24 Aug 2016, 06:09 pm
Mumbai, Aug 24 (IBNS): Despite some choppy trading, Indian benchmark indices remained positive with Sensex up 69.73 points at 28059.94 and Nifty up 17.70 points at 8650.30.

The market chose to tread with caution ahead of the expiry of the August series F&O contracts on Thursday and US Fed Chief Janet Yellen's speech at Jackson Hole, Wyoming, on Friday.

Yellen will deliver her lecture at a global central banking conference where Fed chiefs are usually known to hint at monetary policy direction, the media reported.

Some of the key stocks that gained on Wednesday were Aurobindo Pharma, Cipla, Sun Pharma, Dr Reddy's Labs, Maruti Suzuki and Infosys while some of the key stocks that fell were Lupin, TCS and Tata Motors.

 

Image: Wikimedia Commons

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