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Indian benchmark indices gain on Thursday

Indian benchmark indices gain on Thursday

India Blooms News Service | | 19 Jan 2017, 05:12 pm
Mumbai, Jan 19 (IBNS): The Indian equity benchmarks ended higher for the second consecutive session on Thursday, with BSE Sensex up 50.96 points at 27308.60 and NSE Nifty up 18.10 points at 8435.10.

 Investors have largely adopted a wait and watch policy prior to the corporate earning season and the unveiling of the Union Budget 2017 on Feb 1, according to media reports.

The key stocks that gained on the BSE Sensexc on Thursday were GAIL, ONGC, Tata Motors, ITC and Bharti while Lupin, Axis Bank, Sun Pharma, Wipro and HDFC were the key losers.

The documents for the Union Budget 2017 went for printing on Thursday after the customary 'halwa' ceremony, which was attended by the Union Finance Minister Arun Jaitley along with other officials.

To ensure the secrecy of the documents, all those connected to the printing process stay in the press, away from public eye, until the finance minister has delivered his budget speech, according to media reports.


Image: FInMInIndia Twitter

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