Nifty settles above 8950 mark.... pharma, metal stocks lead

Finally, the BSE Sensex ended with a gain of 119 points at 29,045. The BSE Sensex opened at 28,929 touched an intra-day high of 29,077 and low of 28,855.

The NSE Nifty closed with a gain of 35 points at 8,953. The NSE Nifty opened at 8,916 hitting a high of 8,960 and low of 8,896.

The Indian equity market opened in red on Thursday. The stock market were trading marginally higher in a subdued trade as better-than-expected Chinese trade data boosted shares such as Tata Steel while software exporter TCS tanked to a 6-month low after it said US financial sector clients were holding back on discretionary spending.

At 2:38 PM, the S&P BSE Sensex is trading at 29,019 up 93 points, while NSE Nifty is trading at 8,948 up 30 points.

The BSE Mid-cap Index is trading up 0.17% at 13,482 whereas BSE Small-cap Index is trading up 0.74% at 12,912.

ONGC, Tata Steel, GAIL, Bajaj Auto, Hero MotoCorp and HUL are among the gainers, whereas tcs, Infosys, Wipro, NTPC, Tata Motors are losing sheen on BSE.

Some buying activity is seen in realty, pharma, auto, telecom and capital goods sectors, while IT and teck sectors are showing weakness on BSE.

The INDIA VIX is down 0.32% at 13.1025. Out of 1,855 stocks traded on the NSE, 608 declined, 998 advanced and 249 remained unchanged today.

A total of 65 stocks registered a fresh 52-week high in trades today, while 11 stocks touched a new 52-weeklow on the NSE.