Market Close: Indian indices ended with marginal gains in a volatile trade on Thursday ahead of Union Budget to be presented on July 5.
At close, the Sensex was up 68.81 points at 39,908.06, while Nifty was up 21.20 points at 11,938. About 1222 shares have advanced, 1195 shares declined, and 172 shares are unchanged.
UPL, Bharti Airtel, UltraTech Cement, Britannia Industries and Tata Motors were among major gainers on the Nifty, while losers were Yes Bank, Tata Steel, Titan Company, Zee Entertainment and JSW Steel.
Among sectors, except metal and pharma all other indices ended higher led by the PSU bank, auto, FMCG, energy, IT, and infra.
Mcleod Russel India shares fell 5 percent on July 4 after ICRA downgraded credit rating to default for borrowings worth Rs 1,031.09 crore.
As railway capex skyrocket, here's why RITES may be right pick after Budget
Railway capital expenditure (capex) has seen exponential growth in recent years. According to data compiled by Elara Capital, cumulative capex over FY15-19 stood at Rs 5.1 lakh crore compared to Rs 46,000 crore over FY09-14.
Crude Update: Oil prices fell on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles and worries about the global economy.
European markets trade higher: European shares hovered at more than one-year high on Thursday as Italian banks gained on relief that the country avoided a EU disciplinary action over its public finances and investors took heart from signs that U.S.-China trade talks were back on track.
Credit Analysis and Research has upgraded credit rating of GNA Axles' long term bank facilities and fund based limits of Rs 270 crore from CARE A to CARE A+ stable.
Market Update: Indian indices are trading higher but off day' high with Nifty hovering around 11,950 level.
The Sensex is up 82.09 points or 0.21% at 39921.34, while the Nifty is up 32.40 points or 0.27% at 11949.20. About 1207 shares have advanced, 1076 shares declined, and 137 shares are unchanged.