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Indian benchmark indices end Thursday in positive territory

Indian benchmark indices end Thursday in positive territory

India Blooms News Service | | 09 Feb 2017, 04:38 pm
Mumbai, Feb 9 (IBNS): The Indian market recovered on Thursday even though NSE Nifty failed to retain its 8800 mark, according to media reports.

BSE Sensex was up 39.78 points at 28329.70 and NSE Nifty was up 9.35 points at 8778.40.

The market appears to have priced in the Union Budget 2017 and the neutral monetary policy of the Reserve Bank of India, media reported.

The focus is back on global cues and the corporate earnings.

India's leading public sector lenders, SBI and Bank of Baroda are scheduled to publish their December quarter earnings on Friday.

December factory data is also expected to be published on Friday.

Some of the key stocks that reported gains on Thursday were TCS, HCL Technologies, Tech Mahindra, ITC, M&M and Bharti Infratel while Tata Steel, Cipla, PNB and L&T were down.

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