Mumbai: Domestic stock markets are not declining at all, showing the same aggression. The Sensex rose 223 points to close at 46,890 points on Thursday on buying in finance stocks. The Nifty lost 58 points and settled at 13,740 points. Mainly HDFC Bank, HDFC Bank, Bajaj Finance, IndusInd Bank, PowerGrid and TCS gained up to 3%. The Nifty Financial Services Index, on the other hand, rose sharply to over 1.18 per cent. Of the total 27 sessions so far, 18 sessions have seen market gains. Experts attribute the market rally to record inflows from FPIs (foreign institutional investors).
Burger King down 10 percent
Shares of Burger King fell on Thursday after hitting the upper circuit for two days in a row after being listed on the stock exchanges. Quick service restaurant chain Burger King India fell 18 percent intraday. But in the end it ended up with a 10 percent loss. The stock fell by Rs 19.9 (9.99 per cent) to close at Rs 175.35 on the Bombay Stock Exchange.
Sensex settles at 46900 points