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Benchmark Sensex gained 115 points to 20,535 points in a volatile trade on Thursday. The market was volatile as investors rolled over from the near month November contract which expired today to December contract in futures and options.
Sensex opened on bullish note at 20,522 against previous close of 20,420. It made a high of 20,606 and low of 20,462.
Index heavyweight and cigarette major ITC ended lower in a volatile trade while Reliance Industries closed up one per cent at Rs 848. Capital goods and metal stocks also gained. Auto stocks moved up along with tyre company shares. Ceat Tyres hit a record high of Rs 295 but closed with a gain of four per cent at Rs 289.
Jayant Manglik, President-Retail Distribution, Religare Securities said the government on Friday would unveil the GDP numbers after the market hour, so participants may prefer to sit on the sideline again.
After the sluggish first quarter, participants are expecting to see some improvement in the numbers, he said.
Major gainers include Coromandel Intl (10%), Suzlon Energy (9%), Adani Enter (9%), Dish TV (8%), Jaiprakash Asso (7%), Tata Comm (6%), Godrej Cons (5%), Apollo Tyres (5%) and Jubilant Food (4%).
Prominent losers were GMR Infra (-6%), Nestle India (-4%), Torrent Power (-3%) and TTK Prestige (-3%).
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