MUMBAI, Dec 4: Indian markets snapped a four-day losing streak on Thursday, with Sensex rising 158 points to 85,265 and Nifty climbing 48 points to 26,034, led by gains in IT and tech shares like TCS, Infosys, HCL Tech, and Tech Mahindra.
Sectorally, BSE Focused IT jumped 1.41%, while smallcap and midcap indices fell.
Market sentiment was restrained by a record-low rupee and caution ahead of Friday’s RBI policy announcement. DIIs bought Rs 4,730 crore, offsetting FII outflows of Rs 3,206 crore.
Global cues were mixed, with Asian markets showing divergence and Europe trading higher. Brent crude rose 0.38% to USD 62.91 per barrel. (PTI)
