Indian benchmark indices end Thursday in positive territory
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.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.