After continous two day loosing streak, Indian benchmark indices rebounded & opened with gap in the early morning trades and remained positive throughout the day. The Sensex ended up 365.89 points or 1.4 percent at 27274.71 and the Nifty was up 132.50 points or 1.6 percent at 8234.60.

The broad based index rebounding from a near three-week low hit in the previous session, led by gains in companies focused on the domestic economy such as ITC and ICICI Bank on value buying.

Sentiment also got a boost after upbeat US employment data and a halt to a slide in oil eased investor concerns about the global economy.

Among the sectoral indices CNX REALTY led the list,gains 3.09% followed by CNX FINANCE (2.22%), BANK NIFTY (2.17%), CNX FMCG (2.03%) and CNX PSU BANK (1.79%).

USDINR pair continued its losing streak by ending at 62.74 plunging -0.44 paise against the wednesday close.

Market breath of NSE remained positive for the day 1237 shares advance, 295 shares declines and 53 remained unchanged.

Among the 50 stocks of Nifty 48 shares ended in green terrain and 2 in red.

Top 5 NIFTY Gainers: ASIANPAINT (6.45%), DLF (5.68%), KOTAKBANK (5.62%), BPCL (5.50%), JINDALSTEEL (5.09%).

Top 5 NIFTY Losers: RELIANCE (-1.32%) and ZEE (-0.10%) are only losers

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Indian benchmark indices managed to recover its losses in post lunch session after a volatile trading session today. The broad-based index S&P CNX Nifty once seen losing during most of the day; but nonetheless retrieved the major chunk of the losses and managed to stay above another psychological mark of 8100 before closing on a negative note at 8102, down by 25.25 points. Another benchmark index, Sensex closed at 26,908.82, down by 78.64 points.

Greece’s exit from the euro zone along with fears of deflation and tumbling oil prices has compounded worries for global investors in the near term, which has in turn impacted the Indian markets as well. Greece has been plunged in a government debt crisis and has sought the help of its euro zone partners to bail the country out of debt.

The euro hit a nine-year low as collapsing oil prices and worries about the world economy drove skittish investors into the arms of safe-haven sovereign debt.

USDINR pair ended the day at 63.18, slips 40 paise in the trade today on the back of on fresh selling of dollar by banks on hopes of resumption of capital inflows.

Market breadth on the NSE ended on negative with 879 gainers against 641 losers with 62 remaining unchanged.

Out of 50 stocks of Nifty, 22 advanced and 27 declined and 1 remained without any change.

Top Five Nifty Gainers: HUL topped the Nifty gainers chart today gaining by 3.20% and followed by NTPC (2.69%), Reliance (2.62%), Asian Paints(2.19%) and Powergrid (1.99%).

Top Five Nifty Losers: Today Hindalco emerged the biggest loser on the Nifty plunging by -2.97% and chased by NDMC (-2.82%), BHEL (-2.40%), HCL (-2.35%) and GAIL (-2.25%).

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