Stock market live updates: The Indian markets partially erased opening gains on Thursday as US futures came off highs following a 75 bps rate hike by the US Fed overnight.
The BSE Sensex was up 300 points to 52,866, while the NSE Nifty was at 15,750, higher by 80 points.
In the broader markets, the BSE MidCap and SmallCap indices were also in the positive territory, up to 1 per cent higher.
Sectorally, all indices sat in green with notable gains. Nifty financials, PSBs, banks, auto, realty, consumer durables and oil & gas pockets led gains, up around a per cent each.
Among stocks, GE Power India gained over 2 per cent after the company’s arm GE Energy Financial Services acquired a 49 per cent stake in Continuum Green Energy’s 148.5 megawatt Morjar onshore wind project in Gujarat for an undisclosed sum.
Mahindra Lifespaces also rose 2 per cent after the company’s wholly owned subsidiary, Mahindra Bloomdale Developers launched its second residential project ‘Mahindra Nestalgia’ in Pune.