Amid a largely negative trend in global markets equity
benchmark Sensex rose 85 points on Thursday, with gains in index majors Infosys,
Tata Steel and L&T.

The 30-share index closed 85.26 points or 0.14% higher at
61,235.30, after a rough session. Similarly, the NSE Nifty rose 45.45 points or
0.25% to 18,257.80.

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In the Sensex, Tata Steel was the top gainer with 6%
surge, followed by Sun Pharma, L&T, M&M, PowerGrid, Bajaj Finserv, TCS
and Infosys.

Top losers include Wipro, Asian Paints, HDFC Bank,
Indusind Bank and HCL Tech.

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Indian stock markets started flat to marginal rise
despite negative Asian market peers after higher inflation reading from the US
and China’s bank lending dropped more than expected in December.

During the afternoon session markets managed to trade in
green albeit, with a narrow rise.

Other Asian markets including Shanghai, Tokyo and Seoul
closed in red while Hong Kong closed in the green.

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European stock markets were trading on a negative note in
mid-session deals.

The international oil benchmark Brent crude rose up 0.06%
to USD 84.62 per barrel.

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According to stock exchange data Foreign institutional
investors (FIIs) were net sellers in the capital market, as they sold shares worth
Rs 1,001.57 crore on Wednesday.