Share Market News Today Highlights: Sensex rises 213 points, Nifty settles near 17,750; JSW Steel, Hindalco, Tata Steel among top gainers

Markets ended with modest gains on the expiry day of October month derivatives contracts amid mixed cues, said Ajit Mishra, VP - Research, Religare Broking Ltd. "The consolidation in Nifty is on the expected lines and we recommend focusing more on the sector/stock selection for now. Apart from banking, sectors like auto and selectively pharma, realty and metal are likely to do well in near future. Participants should align their positions accordingly," he added.

The Nifty index has sustained above the crucial moving average on the daily timeframe confirming the uptrend, said Rupak De, Senior Technical Analyst at LKP Securities. On the higher end, the index may move towards 17,950 and on the lower end, support is visible at 17,650/17,550," he added.

The Bank Nifty index witnessed a range-bound trading session on the last of the October series, said Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities. The index's immediate hurdle is seen at 41,500 where aggressive call writing has been witnessed and once breaches above that will see further short covering towards the 42,000 level, he added. Shah further stated that Nifty Bank remains in a buy-on-dip mode as long as it holds the support of 40,500 where fresh put writing has been witnessed in the November series.

The overall market breadth stood weak as 1,836 shares advanced while 1,583 declined on BSE. The market capitalization (m-cap) of BSE-listed companies rose to Rs 277.13 lakh crore.

14 out of the 15 sector gauges -- compiled by the National Stock Exchange -- settled in the green. Sub-indexes Nifty Metal and Nifty Oil & Gas outperformed the NSE platform by rising as much as 2.71 per cent and 1.36 per cent, respectively. On the flipside, Nifty IT fell 0.52 per cent today.

Mid- and small-cap shares finished on a higher note as Nifty Midcap 100 climbed 0.61 per cent and small-cap shed 0.41 per cent.

On the stock-specific front, JSW Steel was the top Nifty gainer as the stock soared 5.74 per cent to close at Rs 681.35. Hindalco, Tata Steel, PowerGrid and Adani Ports were also among the gainers. In contrast, Bajaj Finance, Bajaj Finserv, Asian Paints, Tech Mahindra and Bajaj Auto were among the top laggards.

Sensex rises 213 points or 0.36 per cent to close at 59,757, Nifty moves 81 points or 0.46 per cent higher to settle at 17,737

Sub-index Nifty IT fell 0.71 per cent to trade at 28,519.90

Shares of Karur Vysya Bank jumped 8.33 per cent to trade at Rs 100.10. The Jhujhunwala portfolio bank stock touched its 52-week high of Rs 100.80 during the day.

Sensex rises 120 points or 0.20 per cent to trade at 59,664, Nifty moves 45 points or 0.26 per cent higher to trade at 17,702

Shares of GMR Airports Infrastructure surge 6.19 per cent to trade at Rs 37.75 in late deals

Shares of new age firms such as Cartrade Tech, Policy Bazaar and Nykaa have plunged up to 60 per cent this year. (Read more)

Shares of Nykaa's parent FSN E-Commerce Ventures falls 4.34 per cent to trade at Rs 1,062.45 in afternoon deals

Sensex up 91 points or 0.15 per cent to trade at 59,635, Nifty moves 38 points or 0.21 per cent higher to trade at 17,694

Shares of RBL Bank jump 9.64 per cent to trade at Rs 135.90 in afternoon deals

Shares of NMDC spurted over 15 per cent in Thursday's trade after hitting a fresh 52-week low earlier in the day.

Carbon black maker PCBL fell 5.08 per cent to trade at Rs 133.50 in late morning deals.

Sensex rises 215 points or 0.36 per cent to trade at 59,759, Nifty moves 70 points or 0.40 per cent higher to trade at 17,727

Shares of Gland Pharma dropped 12 per cent in Thursday's trade after brokerages cut their earnings forecasts for the drug maker following its September quarter results, and 'uninspiring outlook'. (Read more)