Sensex gains 266 pts, Nifty ends above 25,690; ITC, Kotak Bank shine – Firstpost

Sensex gains 266 pts, Nifty ends above 25,690; ITC, Kotak Bank shine – Firstpost


The BSE Sensex rose 266 points, or 0.32 per cent, to settle at 83,580. The NSE Nifty 50 added 51 points, or 0.20 per cent, to close at 25,693

Indian equity benchmarks closed higher on Thursday, supported by gains in FMCG and select private banks, even as IT stocks capped the upside.

The BSE Sensex rose 266 points, or 0.32 per cent, to settle at 83,580. The NSE Nifty 50 added 51 points, or 0.20 per cent, to close at 25,693.

ITC surged over 5 per cent to emerge as the top gainer. Kotak Mahindra Bank climbed more than 3 per cent, while Hindustan Unilever gained nearly 3 per cent. Bharti Airtel and Bajaj Finance also ended higher, lending support to the benchmarks.

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On the flip side, IT stocks were under pressure. TCS and Tech Mahindra fell around 1.7 per cent each, while Infosys and HCLTech also closed lower. HDFC Bank, SBI, Asian Paints and Adani Ports were among other laggards.

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