Sensex, Nifty Extend Gains For Second Day Amid Volatile Trade
(RTTNews) - Indian shares rose for a second straight session on Thursday, though overall gains remained limited as Adani Group stocks began trading lower again after a two-day recovery.
Global cues were mixed as investors digested hawkish comments from several Federal Reserve officials and positioned for a protracted period of high U.S. interest rates.
The benchmark S&P/BSE Sensex rose142.43 points, or 0.23 percent, to 60,806.22 amid volatility.
The broader NSE Nifty index settled 21.75 points, or 0.12 percent, higher at 17,893.45 after remaining range-bound for better part of the session.
IndusInd Bank, Asian Paints, HDFC Life, Hindalco and Bajaj FinServ all rose around 2 percent in the Nifty pack, while Adani Enterprises led losses to close down more than 11 percent.
Adani Ports lost about 3 percent while JSW Steel, Cipla and Hero MotoCorp fell 1-2 percent.
The rupee settled on a flat note while oil prices traded higher for a fourth straight session amid optimism over China's recovering demand.
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