Indian equity benchmarks ended higher on Thursday with the Sensex gaining 156.63 points or 0.27% to settle at 58,222.10. The Sensex and Nifty settled above the psychological 58200 and 17300 levels respectively, after gains in metal, IT, and capital goods shares amid foreign capital inflows. The Nifty jumped 57.50 points or 0.33% to end at 17,331.80.

The broader indices ended in green with the BSE Midcap index gaining 1.13% and the Small cap index up by 1.30%. The top gaining sectoral indices on the BSE were Metal up by 3.89%, Capital Goods up by 2.34%, Realty up by 2.15%, Industrials up by 1.96% and Power was up by 1.61%, while FMCG down by 0.18% and Telecom was down by 0.16% were the only losing indices on BSE.

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SpiceJet Ltd: Low-cost airline carrier is expecting an additional Rs 10 billion credit limit under the modified Emergency Credit Line Guarantee Scheme (ECLGS) which is taken by investors as a piece of good news and the stock surged over 9% in the early morning deals after opening in the green territory at Rs 41.95 and ended 8.71% higher at Rs 41.80.

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JSW Steel: The stock opened with a positive gap of Rs 5.20 at Rs 648.40. It touched today’s high of Rs 678 before the closing of the session and ended 4.9% higher at Rs 674.45. The Nifty Metal Index also gained the most among all sectoral indices at 5956.95, up by 3.25%.

Hindalco also closed at Rs 412.65, up by 4.72%. 

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Vedanta surged 4.75% and closed at Rs 292.40

Bharti Airtel: The telecom operator ended as the top loser among Nifty50. Opening with a negative gap, its stock ended 2.5% down at Rs 788.60. Today’s low is recorded at 786.65.

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Godrej Consumer Products: The firm expects a drop in its business volumes in the September quarter due to changing trends in the FMCG industry. The stock ended as Nifty500’s top loser at Rs 853.65, down by 4.79%.