Mumbai, Aug 12 (SocialNews.XYZ) The Indian stock market rose on Thursday with the BSE Sensex rising over 160 points.
Healthy buying was witnessed in IT stocks.
Around 10.10 a.m., Sensex was trading at 54,690.70, higher by 164.77 points or 0.30 per cent from the previous close of 54,525.93 points.
It opened at 54,641.22 and has touched an intra-day high of 54,724.20 and a low of 54,536.65 points.
The Nifty50 on the National Stock Exchange was trading at 16,332.00, higher by 49.75 points or 0.31 per cent from its previous close.
Tech Mahindra, Power Grid and HCL Technologies were the top gainers on the Sensex, while the major losers were IndusInd Bank, Sun Pharmaceuticals and Bharti Airtel.
Analysts said the major cues for the market will be provided by the industrial production data (June) and the retail inflation data for July scheduled to be released later in the day.
Source: IANS
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz