Mumbai, Sept. 10 -- Snapping their three-session losing streak, benchmark indices Sensex and Nifty edged higher on Thursday amid fag-end stock-specific buying despite the cautious market undertone.
However, elevated crude oil prices above the $100-per-barrel mark, amid persistent geopolitical tensions, kept risk appetite subdued throughout the day, traders said.
The 30-share BSE Sensex advanced 138.36 points, or 0.19 per cent, to settle at 74,902.59 on last-minute buying. The 50-share NSE Nifty edged higher by 46.30 points, or 0.20 per cent, to end at 23,477.80.
Among the 30 Sensex firms, Power Grid, Axis Bank, UltraTech Cement, NTPC, Tech Mahindra, Bharti Airtel, HDFC Bank, and L&T were the major winners. HCL Tech, Tata Steel, Trent, and ITC were among the laggards.
Brent crude, the global oil benchmark, jumped 1.19 per cent to $102.2 per barrel.
The BSE SmallCap Select index was up 0.16 per cent, while the MidCap Select index dipped 0.34 per cent.
Among the BSE sectoral indices, Insurance climbed 0.58 per cent, Top 10 Banks (0.52 per cent), Bankex (0.36 per cent), PvtBanks index (0.35 per cent), Financial Services (0.34 per cent) & PSU Bank (0.32 per cent). Capital Goods declined 0.99 per cent, Telecom (0.91 per cent), Metal (0.67 per cent) and Hospitals (0.48 per cent).
FIIs offloaded equities worth Rs 582.99 crore on Wednesday, according to exchange data.
Published by HT Digital Content Services with permission from Millennium Post.