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		On the sectoral front, the Nifty Metal index rallied the most - up over 2 per cent.</div></div>

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		After a one-day blip, the domestic stock market once again ended in the positive territory on Thursday, led by buying in the financial counters.&nbsp; Further,&nbsp; investor sentiment also got a boost after Prime Minister Narendra Modi, at the India Global Week Summit, said India was seeing green shoots of economic recovery. &quot;Story of global revival will have India playing a leading role,&quot; he said at the event. <a href="https://www.business-standard.com/article/current-affairs/modi-says-india-already-witnessing-green-shoots-of-economic-recovery-120070900706_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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		The S&P BSE Sensex today gained 409 points or over 1 per cent to settle at 36,738 with SBI (up 4 per cent) being the top gainer and ONGC (down over 1 per cent) the biggest loser. HDFC, RIL, HDFC Bank, and Bajaj Finance contributed the most to the Sensex&#39;s gains. NSE&#39;s Nifty ended at 10,813, up 108 points or 1 per cent. India VIX, the volatility index, declined over 5 per cent to 24.75 levels.&nbsp;</div>
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		IT major TCS settled 0.3 per cent lower on the NSE at Rs 2,213&nbsp;ahead of its June quarter results due later in the day.&nbsp;</div>
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		On the sectoral front, the Nifty Metal index rallied the most - up 2 per cent, followed by Nifty Financial Services and Nifty Bank indices.&nbsp; Nifty FMCG, on the other hand, was the only index that ended in the red - down 0.33 per cent to 30,672 levels.&nbsp;</div>
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		The broader indices underperformed the benchmarks. The S&P BSE MidCap ended flat at 13,493, up 0.07 per cent while the S&P BSE SmallCap index gained 0.49 per cent to settle at 12,848 points.<br />
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			<strong>Global markets</strong></div>
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			Surging Chinese stocks led Asia&rsquo;s equity markets higher on Thursday, as investors looked past Sino-US tension and renewed coronavirus lockdowns and hoped stimulus washing through the world economy finds its way to company earnings.</div>
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			MSCI&rsquo;s broadest index of Asia-Pacific shares outside Japan rose 0.8 per cent and touched a 20-week high. The Shanghai Composite turned in its longest winning streak in more than two years and is up 16 per cent in eight sessions.</div>
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			In Europe, too, stocks rose as software giant SAP signalled a rebound in its business from a coronavirus hit, while optimism over China&rsquo;s recovery helped Germany outperform.</div>
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			In commodities, oil prices edged lower as concerns about renewed Covid-19 lockdowns in the United States outweighed signs of a recovery in US gasoline demand.</div>
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			Brent crude futures fell 21 cents, or 0.4 per cent, to $43.08 at the time of writing of this report, after gaining 0.5 per cent on Wednesday. US West Texas Intermediate (WTI) crude futures dipped 25 cents, or 0.6 per cent, to $40.65 a barrel, after rising 0.7 per cent on Wednesday.</div>
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			<strong><em>(With inputs from Reuters)</em></strong></div>
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MARKET WRAP: Financials lift indices, Sensex gains 409 pts; TCS ends flat

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MARKET WRAP: Financials lift indices, Sensex gains 409 pts; TCS ends flat | News on Markets - Business Standard

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MARKET WRAP: Financials lift indices, Sensex gains 409 pts; TCS ends flat

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