Published: Thu, October 12, 2017
Research | By Jo Caldwell

Sensex up 53 points; realty, healthcare stocks major gainers

Sensex up 53 points; realty, healthcare stocks major gainers

On Wednesday, the benchmark indices closed in the red as heavy selling pressure in metal, banking and automobile stocks, along with outflow of foreign funds, kept investors' sentiments subdued.

Meanwhile, the Dow Jones Industrial Average rose 29.97 points, or 0.13 per cent, to 22,860.65, the S&P 500 gained 3.11 points, or 0.12 percent, to 2,553.75 and the Nasdaq Composite added 13.77 points, or 0.21 per cent, to 6,601.03.

The BSE market breadth was bullish - 1,694 advances and 980 declines.

A total of 62 stocks registered a fresh 52-week high in trade today, while 8 stocks touched a new 52-week low on the NSE.

Indian markets opened in the positive.

The BSE energy index was the biggest mover, rising 1.95 per cent followed by telecom, realty and FMCG.

IT major Tata Consultancy Services (TCS) is expected to be the first blue-chip company to come out with its second quarter (Q2) results on October 12.

A host of economic data releases such as CPI inflation and factory output numbers due for release post market hours on Thursday are as important as TCS earnings.

On the currency front, the rupee strengthened by 13-14 paise to close at 65.14-15 against the USA dollar from its previous close at 65.28. Metal and pharma stocks led the rally with Nifty Metal and Nifty Pharma sub-indices gaining 2 per cent and 1.5 per cent respectively.

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