Equity benchmarks snapped three-day losing streak on Thursday. The BSE Sensex increased 311.22 points or 1.22 percent at 25764.78 and the NSE Nifty rose 106 points or 1.37 percent to 7823, drove by short covering in banking & financials, metals and auto stocks.
The broader markets revived more than 1 percent. The market broadness was additionally solid. Around 1703 shares have propelled, 980 shares declined, and 137 shares are unaltered on the BSE.
Tata Steel, Vedanta, Axis Bank, HDFC, Hindalco and Cairn India bested the buying list, up 3.5-6 percent. On the other hand, Idea Cellular failed to meet expectations, down 3.3 percent. BPCL, Bosch, Lupin, Hero Motocorp and Sun Pharma were down 0.5-1 percent.
MCX SILVERM November contract was trading at Rs 35426 up Rs 42, or 0.12 percent. The SILVERM rate touched an intraday high of Rs 35600 and an intraday low of Rs 35288. So far 8795 contracts have been traded. SILVERM prices have moved down Rs 7634, or 17.73 percent in the November contracts in this way.