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Benchmark indices rebound on Thursday

India Blooms News Service | | May 05, 2016, at 11:04 pm

#Indian stock market # Benchmark indices

Mumbai, May 5 (IBNS) Indian benchmark indices, Sensex and Nifty, rebounded from their three-week low on Thursday and were up 160.48 points to 25,262.21 and up 28.95 points to 7,735.50, respectively.

According to market reports, value-buying by investors based on firm cues from the European market was partly responsible for the rise.

But buyers also remained cautious about the economy and mixed earnings results.

Some of the leading gainers on Thursday were BHEL, L&T, Tata Motors, HDFC and Cipla while losers included Adani Ports, Bharti Airtel, Hindalco, Asian Paints, HUL and Bajaj Auto.

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