Domestic markets rise, snapping three three-day losing streak

 
Benchmark domestic equity indices rose today, snapping their three-day losing streak. The markets had opened with gains and continued positive momentum throughout the trading session buoyed by better than expected GDP data and value buying. The Sensex climbed 555 points, or 0.7 per cent to close at 80 thousand and 364. Similarly, Nifty jumped 198 points, or 0.81 per cent to settle at 24 thousand 625. 
The broader market indices at the Bombay Stock Exchange displayed strong performance. The Mid-Cap index advanced over 1.6 per cent, and the Small-Cap index added around one and half a per cent.  
In the Sensex pack, 23 out of 30 companies marched upward. Among the top gainers, Mahindra and Mahindra surged over 3.6 per cent, Tata Motors rose 3.1 percent and Trent climbed 2.7 per cent. Among the top laggards, Sun Pharma dropped around 1.9 per cent, ITC dipped one per cent, and Hindustan Unilever decreased over 0.4 per cent. 
In Sectoral indices at the BSE, all 21 sectors logged gains. In the top gainers, Auto climbed nearly 2.7 per cent, Consumer Durables added over two per cent, and Consumer Discretionary rose two per cent.
The overall market breadth at the BSE was positive as shares of 2,795 companies advanced, and shares of 1,391 companies declined, while shares of 194 companies remained unchanged.