Sensex gains 194 points, Nifty above 10,250-mark; Gujarat elections exit polls take centrestage

Mumbai: The Sensex overcame early losses and ended with a gain of 194 points on Thursday on fag-end buying as investors turned their attention to exit poll results of Gujarat elections.

The NSE Nifty went above 10,250-mark.

BSE building. Reuters.

BSE building. Reuters.

India's economic growth has bottomed out and will recover further to 7 percent over the next few quarters, but it is likely to take a few years to return to 7.5 percent above levels, Standard Chartered said in its report.

The 30-share BSE Sensex bounced back in the last one hour of the session to hit a high of 33,321.52 before closing up 193.66 points -- or 0.59 percent -- at 33,246.70.

The gauge had lost 402.75 points in the previous two sessions disappointed by grim economic data and the ADB lowering India's economic growth forecast.

The 50-issue NSE Nifty in range-bound movements settled higher by 59.15 points, or 0.58 percent, at 10,252.10. Intra-day, it shuttled between 10,276.10 and 10,141.55.

An appreciating rupee against US dollar gave more support.

Firstpost is now on WhatsApp. For the latest analysis, commentary and news updates, sign up for our WhatsApp services. Just go to and hit the Subscribe button.

Updated Date: Dec 14, 2017 16:26:39 IST

Also See