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Indian markets close on a positive note on Thursday

India Blooms News Service | | 18 Aug 2016, 04:50 pm
Mumbai, Aug 18 (IBNS): Indian benchmark indices recouped somewhat on Thursday and posted gains, with Sensex up 118.07 points to 28123.44 and Nifty up 49.20 points to 8673.25.

According to media reports, the US Federal Reserve indicated that it is unlikely to hike rates at its September policy meeting, which gave some support to the market because a delay in Fed's interest rate increase is likely to slow capital flight from emerging markets.

Some of the key gainers on Thursday were NTPC, UltraTech Cement, IndusInd Bank, Grasim Industries, Power Grid, Adani Ports, Bharti Airtel, ICICI Bank and BHEL.

Key stocks that ended lower included Coal India, L&T, Tata Power, Tata Steel, GAIL, Tech Mahindra, Infosys and HUL.



 

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