GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Thursday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded up by 33.50 points or 0.15% at 22,081.50 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Wednesday, the NSE Nifty 50 ended down by 141.90 points or 0.64% to settle at 22,055.05, while the BSE Sensex plunged by 434.31 points or 0.59% to 72,623.09.
“Markets took a breather after six days of advance and shed over half a percent. After the flat start, Nifty oscillated in a narrow range in the first half however a sharp cut in the final hours pushed the lower. It finally settled closer to the day’s low at 22,055.05 levels. Most sectors traded in sync with the benchmark and edged lower on profit taking wherein IT and energy were among the top losers. The broader indices too witnessed a d…