India Markets Thursday Wrap-Up: ONGC Stands Tall

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Markets came off the day’s highs during the closing hours of trade but have nonetheless managed to end the day on a positive note. Thus, while Sensex edged higher by around 110 points (up 0.7%), NSE Nifty closed the day with gains of around 35 points (up 0.7%). BSE Midcap and Small cap indices saw some profit booking today, especially in the former as it lost around 0.6% whereas the small cap index was down only marginally today. On the Sensex, two stocks gained for every one that declined.

Asian indices closed in the red today whereas Europe is trading mostly in the positive currently. The rupee was trading at Rs 46.8 to the dollar at the time of writing.

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