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Indian markets post gains for the third day in a row on Thursday

India Blooms News Service | | 26 May 2016, 09:49 pm
Indian markets post gains for the third day in a row on Thursday
Mumbai, May 26 (IBNS) Indian markets seemed to have found their feet and continued with the gaining streak on Thursday with Sensex up 485.51 points to 26366.68 and Nifty up 134.75 to 8070.
 
A rally in capital goods stocks supported the market momentum.
 
Larsen & Toubro, State Bank of India, BHEL, Axis Bank and Idea Cellular  were some of the major gainers on Thursdaywhile Bharti Infratel, HCL Technologies, Eicher Motors, Bosch and Reliance Industries slid.
 
The market is awaiting US Fed Chair Janet Yellen's speech on Friday on the economy at Harvard and believes her comments might provide further clues about news that the US central bank is likely to raise interest rates in June.
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