LIVE stock market updates: The Indian benchmark indices were trading with slight gains in the Thursday’s rangebound session, ahead of the weekly options expiry.
The S&P BSE Sensex was trading around 51,450 levels, up 150 points while the broader Nifty50 index hovered around 15,150. Reliance Industries gained 3 per cent and was the top Sensex gainer, followed by Bajaj Finserv and Bharti Airtel (both up over 1%). On the other hand, Titan slid 2 per cent after the announcement of its December quarter results.
Among other individual stocks, Magma Fincorp rallied 10 per cent on report that Adar Poonawalla-controlled Rising Sun Holdings will acquire a 60 per cent stake in the non-banking financial company by subscribing to a Rs 3,456-crore preferential issue
The Nifty sectoral indices were trading mixed, with Nifty Metal index, up 0.8 per cent, leading the gainers.