In accordance with Street expectations, domestic markets opened Thursday’s trading on a high note on solid global signals after the Fed’s 25 bps rate move.
The Nifty was up 68.00 points or 0.34% at 19,846.30, while the Sensex was up 207.26 points or 0.31% at 66,914.46. A total of 1604 shares increased, 535 decreased, and 91 remained constant.
On the Nifty, the top gainers were Cipla, Bajaj Finance, Hindalco Industries, Infosys, and Larsen and Toubro, while the top losers included M&M, Tech Mahindra, Tata Consumer Products, Hero MotoCorp, and HUL.
As the Nifty Midcap 100 and Nifty Smallcap 100 indexes increased by up to 0.3%, broader markets also shown resilience.
After a solid April-June quarter (Q1FY24), Nifty Pharma increased 1%, driven by 7% increases in Cipla.
Shares of RVNL fell 4% among equities after the government announced intentions to sell a 1.96 percent interest via an offer for sale (OFS).