The decline in the stock markets for the last three trading sessions stopped on Thursday. BSE’s 30-share Sensex It had gained 209.36 points, or 0.40 per cent, to close at 52,653 points.
Similarly, the NSE Nifty gained 69 points, or 0.44 per cent, to close at 15,778.45. Among the Sensex stocks, Tata Steel gained nearly seven per cent. Other beneficiaries were Bajaj Finserv, SBI, HCL Tech, Sun Pharma, Bajaj Finance and Reliance Industries.
Shares of Maruti Suzuki India fell more than 2 percent. Let me tell you that the results for the quarter of June, June were announced. The company has earned a profit of Rs 440.8 crore during the period. However, in terms of margins, Maruti performed poorly in the June quarter. During the trading session, shares of IT sector rose. On the other hand, other stocks, including Powergrid, Bajaj Auto and ITC, declined.