Tata Steel, Larsen & Toubro, ICICI Bank, HCL Technologies, Infosys and Axis Bank were among the winners.
Tata Steel, Larsen & Toubro, ICICI Bank, HCL Technologies, Infosys and Axis Bank were among the winners.
The benchmark BSE Sensex rose 156 points on gains in metals, IT and capital goods stocks amid foreign inflows, while the Nifty closed above the 17,300 level on Thursday.
The 30-share BSE benchmark ended 156.63 points or 0.27% higher at 58,222.10. It rose 513.29 points or 0.88% to 58,578.76 during the day.
The broader NSE Nifty ended 57.50 points or 0.33% higher at 17,331.80.
Tata Steel, Larsen & Toubro, ICICI Bank, HCL Technologies, Infosys and Axis Bank were among the winners in Sensex stocks.
However, Bharti Airtel, Hindustan Unilever, IndusInd Bank, HDFC and Bajaj Finance were among the laggards.
Vinod Nair, Head of Research, Geojit Financial Services, said, “Indian markets are maintaining their resilience despite mixed cues from global equities and a rise in oil prices. Both domestic and foreign investors are supporting the rally.” Nair said with improvement in sectors such as metals, IT and realty, the market also strengthened on expectations in the Q2 results session.
Elsewhere in Asia, markets in Seoul and Tokyo ended higher, while Shanghai and Hong Kong closed lower.
Stock exchanges in Europe were trading in negative territory in mid-session deals. On Wednesday, the US markets closed with a slight decline.
Domestic stock markets remained closed on Wednesday on account of Dussehra festival.
On Tuesday, the BSE benchmark had jumped 1,276.66 points or 2.25% to close at 58,065.47 in the previous session. Nifty climbed 386.95 points or 2.29% to end at 17,274.30.
Meanwhile, international oil benchmark Brent crude futures climbed 0.14% to $93.50 a barrel.
According to data available with BSE, foreign institutional investors were net buyers as they bought shares worth ₹1,344.63 crore on Tuesday.