Banking, metal and energy stocks witnessed buying today while pharma, IT and auto stocks witnessed profit booking.
Sensex today
New Delhi: The BSE Sensex and the Nifty opened lower on Thursday but soon pared losses and moved to the positive territory as banking shares witnessed buying. As of 9:26 am, the Sensex was down 7 points at 51,302 while the Nifty 4 points lower at 15,103. Banking, metal and energy stocks witnessed buying today while pharma, IT and auto stocks witnessed profit booking.
Among Nifty stocks, Hindalco was the top gainer, up 3.2% at Rs 288.30 apiece. The Aditya Birla group company reported a 77% annual jump in consolidated net profit for the December quarter at Rs 1,877 crore as against a net profit of Rs 1,062 crore during the same quarter last year, driven by better volumes from India operations and record-high shipments from Novelis.