The key Indian indices again surged to new highs on Thursday as substantial inflow of foreign funds, coupled with an appreciating rupee and global cues, kept investors' sentiments buoyed.
At 3.15 pm, the 30-share BSE index Sensex was up 16.53 points or 0.05 per cent at 30,264.70 and the 50-share NSE index Nifty was up 16.1 points or 0.17 per cent at 9,423.40.
Of the 30-share Sensex pack, 20 scrips ended higher while 10 closed lower.
In terms of the broader markets, the S&P BSE mid-cap index was up a tad by 0.05 per cent whereas the small-cap index inched down by 0.05 per cent.
The BSE benchmark Sensex, which rose to 30,346.79, is now at 30,315.50, up 67.33 points or 0.22% from previous close. "Both the benchmark indices are now witnessing firm sentiments and we expect the Indian equities to continue with firm trades in the second half of the session as well".
Financial stocks, which have the largest weightage on the benchmark indexes, ended mixed.
"Banking sector stocks traded with mixed sentiments throughout the session due to profit booking".
Analysts Recommendations Hertz Global Holdings, Inc. (HTZ)
The last close places the company's stock about $24.09 off its 52 week high of $44.68 and $2.19 above the 52 week low of $18.4. Finally, Credit Agricole S A purchased a new position in Hertz Global Holdings during the fourth quarter valued at $341,000.
The made net investments worth of Rs 333 crore in equities, the stock exchange provisional data shows.
The FMCG, capital goods, oil and gas, consumer durables, auto and power indices were up from 0.6 to 1 percent each on the sectoral front. TVS Motor Co ltd gained 1.03 per cent.
Bucking the trend, shares of India's largest two-wheeler maker Hero MotoCorp fell 0.38 per cent, to Rs 3,309.90 after the company yesterday registered a 13.86 per cent decline in net profit at Rs 717.75 crore for the fourth quarter ended March 2017. "After opening on a positive note, Nifty shifted into narrow range movement for the whole day", Deepak Jasani, Head (Retail Research), HDFC Securities, told IANS.
The BSE Mid-Cap index rose 0.05 per cent, outperforming the Sensex.
Among other Asian markets, Hong Kong's Hang Seng was up 0.64 per cent while Japan's Nikkei gained 0.30 per cent in early trade.
The NSE index was last up 0.42 percent while the BSE index was last up 0.36 percent.