Sensex up 85.82 points, Nifty above 9100; bank stocks fall

Benchmark indices on Thursday ended on a positive note with the Sensex rising up 85.82 points at 29,422.39, while the NSE Nifty-50 Index was up 32.90 points at 9,136.40.

The broader BSE Midcap and the BSE Smallcap indices outperformed, gaining 0.6% and 1.1%, respectively. The market breadth was positive with 1,813 shares advanced while 1,054 shares declined and 174 shares unchanged.

Grasim Industries, GAIL India, Adani Ports and Bank of Baroda were top gainers on BSE and NSE, while Yes Bank, ICICI Bank and Axis Bank were the top losers. The Bank Nifty closed lower by 0.305 at 21,491.

Nifty Realty index rose 2.1% as the leading sectoral gainer, led by gains in Oberoi, Sobha, Realty and Godrej Property which has risen up to 8% on the NSE.

Aviation companies shares rose, i.e. Inter Globe Aviation (up 7%) Jet Airways (up 6%) Spice Jet (up 10%) after data showed that air traffic during March quarter was 18.6% higher than the corresponding period last year.

Markets extend losses, Sensex down 94 pts, Nifty down 34 pts

The BSE Sensex settled the day at 29,319, down 94 points, while the NSE Nifty-50 ended at 9,105, down 34 points. In the broader market, the BSE mid-cap down 0.6% and small-cap down 0.7% after hitting their respective record highs. On the BSE, 1,778 shares declined and 1,111 shares rose. A total of 137 shares were unchanged.
Sectorally, the Nifty Realty index down 3.4%,  as the  leading loser, led by losses in Indiabulls Real Estate, HDIL and Unitech going down by 10%, 5.3% and 5% respectively. Nifty PSU Bank settled 0.1 per cent higher.
Reliance Industries outshined TCS’s market capitalization.  The stock settled at Rs 1,370, down 1.5 percent.  TCS ended 0.6% lower ahead of its fourth quarter results due later in the evening.
Gruh Finance Ltd surged 8% after it has posted a 26% rise in March-quarter net profit on Monday. The stock ended at Rs. 394, up 6.5 per cent on the NSE. 
The global markets went higher  on account of  increase in capital inflows, while Asian stock markets finished mixed.. The Indian rupee was trading at Rs 64.57 against the U.S Dollar  in the afternoon session. Oil prices were trading at USD 52.67.