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Sensex reclaims 34K; BPCL, HPCL stocks decline@HighLight Updates

Benchmark indices opened flat on Thursday amid weak global cues and a spike in crude oil prices and ahead of corporate earnings and macro data.

The BSE Sensex was trading at 34,006, up 66 points, while the Nifty50 index was trading at 10,422, up 5 points.

The BSE Midcap and the BSE Smallcap indices were up by 0.27% and 0.28%, respectively.

Oil stocks were trading lower for the second day in a row after crude oil prices in international markets rose to levels last seen in 2014. HPCL, BPCL and IOC down in the range of 1-2%.

The Nifty IT index jumped 1.6%. TCS, Tata Elxsi are trading over 2.5% each.

The rupee extended losses today, falling 0.2% to 65.44 against the US dollar after opening flat.

Volatility index India VIX was down 0.32% to 14.6725.

TCS (+2.6%), Infosys (+2.1%), Tech Mahindra (+1.7%), HCL Tech (+1.6%) and Wipro (+1.5%) were the top gainers on Nifty50.

BPCL (-1.6%), Dr.Reddy’s (-1.5%), HPCL (-1.5%), Lupin (-1%) and Coal India (-0.97%) were the top losers in today’s trade.




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