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Among sectoral front, metal, pharma, banking, and IT were trading in the red zone, while FMCG, financial services, auto, and realty indices are up.
IOC, Bharti Airtel, Indiabulls HF, and BPCL were top gainers on NSE, while Vedanta, Sun Pharma, Infosys, and Adani Ports fell the most.
The Sensex rose 43 points at 38,627, while the Nifty was at 11,592, up 8 points. The market breadth was neutral on the NSE with 870 shares advancing, 653 shares declining, and 549 remaining unchanged.
Shares of Welspun Corp gained 3% after it has received additional pipe orders of 180KMT on a global basis. The company’s order book stands at Rs1,661 KMT worth at Rs14,100cr.
Shares of Wockhardt climbed 3% after the company has received USFDA approval for generic version of Dacogen, which is used to treat certain forms of cancer. The product will be manufactured in Hyderabad.
The Volatility gauge, India VIX up 0.55% at 201.24.
The most active stocks on the NSE are HDFC Bank, Tata Motors, Indiabulls HF, and Reliance Industries.
The Indian rupee opened lower by paise at 69. 21 per dollar on Thursday against Wednesday's close 69.11.
Meanwhile, Asian stock markets were trading flat on Thursday after the Federal Reserve did little to alter investor expectations that interest rates in the US are likely on hold for the remainder of this year. Treasuries steadied.
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