: After a gap-down start, amid a record single-day spike of over three lakh Covid-19 cases, benchmark indices turned positive in the noon deals on Thursday.
The benchmark S&P BSE Sensex was quoting at 47,700 levels, up 14 points or 0.03 per cent. On the NSE, the Nifty50 was hovering above 14,300 levels.
Wipro, Tata Steel.JSW Steel, Dr Reddy’s Labs, and SBI Life outperformed the market and gained between 2 per cent and 5 per cent on the Nifty. On the downside, Shree Cement, Titan, IndusInd Bank, M&M, and HUL were leading the list of losers, down up to 3.6 per cent.
In the broader markets, the S&P BSE MidCap index was up 0.06 per cent while the S&P BSE SmallCap index gained 0.6 per cent.
Among key sectoral indices on the NSE, the Nifty Metal index was the top performing index, up 2 per cent, followed by Nifty Pharma index, up 1 per cent. The Nifty Bank, Private Bank, and FMCG indices slipped 1 per cent each.