DSIJ Mindshare

Owing to positive global cues, the domestic benchmark indices managed to close on a green note despite erasing morning gains during the afternoon session. BSE Sensex travelled back to end at 59,793, gaining 105 points or 0.18 per cent whereas Nifty 50 settled at 17,833, higher by 35 points or 0.19 per cent.  

Thursday was a merrier day for the domestic markets as the indices closed on a substantial positive note. Sensex jumped over 650 points or 1.12 per cent at the 59,688.22 mark while Nifty added 174 points or 0.199 per cent and ended the day at the 17,798.40 mark. 

Between the period of 2018 and 2020, the PSU stocks showed underperformance, owing to lesser flows in exchange-traded funds well as the economy not performing up to the mark. Beating the previous underperformance, the PSU stocks gained momentum after October 2020 with the BSE PSU index soaring around 106 per cent from October 2020 to date. 

On Wednesday, the benchmark indices recovered in the afternoon session but closed lower towards the end of the trading session.