Bharti Airtel, Infosys, Tech M, Wipro, Tech M, Dr Reddy’s, Sun Pharma and Bajaj Finance were the top winners on the Sensex, rising up to 2 per cent. Eicher Motors, Cipla and SBI Life were the additonal Nifty winners.
On the flip side, PowerGrid, NTPC, Tata Steel, Coal India, ONGC, Hindalco, JSW Steel and Nestle were the top laggards on the benchmarks.
Sectorally, Metals, and Energy pack were subdued on the NSE, while IT, Pharma, and Financials strongly led gains, up to 1 per cent higher.
Among stocks, Indian Oil Corp fell over 2.5 per cent on reporting a 31.4 per cent drop in its Q4 net profit at Rs 6,021.88 crore due to a margin squeeze in petrochemicals and drop in auto fuel sales.
Jet Airways rose 2 per cent. The airline operator has successfully operated all proving flights and is now eyeing the grant of air operator certificate (AOC) by aviation regulator DGCA, its owner Jalan-Kalrock Consortium has said.
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