Sensex gains 150 pts; NTPC, TaMo jump 2%, TCS up 1%

Equity benchmark indices erased opening losses and gained ground on Thursday. The BSE Sensex was up 150 points to 65,838 and the NSE Nifty50 rose 46 points to 19,720.

TCS was up nearly 1 per cent on fixing buyback issue price at Rs 4,150, a premium of 22 per cent from its last close.

On the flip side, Bajaj twins tumbled up to 3 per cent, leading losses across frontline stocks after RBI barred Bajaj Finance’s two digital lending products; Insta EMI and eCOM.

The broader markets were relatively firm. The BSE MidCap and SmallCap indices rose up to 0.31 per cent.

Among sectors, Nifty Oil & gas was the lead gainer, up 0.5 per cent. Metal and Financial pockets were the weakest, down up to 0.6 per cent.