<p>Market benchmark Sensex rebounded over 170 points after a volatile session, helped by fag-end buying in mainly banking and IT stocks.</p>.<p>After swinging 322 points during the day, the 30-share Sensex ended 170.42 points, or 0.42 per cent, higher at 40,286.48.</p>.<p>Similarly, the broader NSE Nifty rose 31.65 points, or 0.27 per cent, to end at 11,872.10.</p>.<p>Top gainers in the Sensex pack included ICICI Bank, Infosys, Bajaj Finance and HDFC Bank, rising up to 2.67 per cent.</p>.<p>While, IndusInd Bank, Vedanta, Tata Motors, ONGC and HUL fell up to 2.79 per cent.</p>.<p>After trading on a choppy note through the day, value-buying in select index-heavyweights lifted key benchmarks, traders said.</p>.<p>A broad-based weakness prevailed in the market as weak macro numbers and negative global cues kept investors on edge.</p>.<p>Wholesale prices based inflation eased further to 0.16 per cent in October, as against 0.33 per cent in September due to subdued prices of non-food articles and fall in prices of manufactured items, government data showed on Thursday.</p>.<p>On the other hand, retail price based consumer inflation spiked to 16-month high of 4.62 per cent in October on costlier food items, reducing the headroom for a rate cut by the RBI in its monetary policy due next month.</p>.<p>Further, Moody's Investors Service on Thursday slashed India's economic growth forecast to 5.6 per cent for 2019, saying government measures do not address the widespread weakness in consumption demand.</p>.<p>Bourses in Shanghai, Hong Kong, Tokyo and Seoul on a mixed note, while those in Europe were also trading in the red in their respective early deals.</p>.<p>Meanwhile, the Indian rupee recovered 14 paise to 71.94 against the US dollar intra-day.</p>.<p>Brent crude futures, the global oil benchmark, rose 0.64 per cent to USD 62.77 per barrel. </p>
<p>Market benchmark Sensex rebounded over 170 points after a volatile session, helped by fag-end buying in mainly banking and IT stocks.</p>.<p>After swinging 322 points during the day, the 30-share Sensex ended 170.42 points, or 0.42 per cent, higher at 40,286.48.</p>.<p>Similarly, the broader NSE Nifty rose 31.65 points, or 0.27 per cent, to end at 11,872.10.</p>.<p>Top gainers in the Sensex pack included ICICI Bank, Infosys, Bajaj Finance and HDFC Bank, rising up to 2.67 per cent.</p>.<p>While, IndusInd Bank, Vedanta, Tata Motors, ONGC and HUL fell up to 2.79 per cent.</p>.<p>After trading on a choppy note through the day, value-buying in select index-heavyweights lifted key benchmarks, traders said.</p>.<p>A broad-based weakness prevailed in the market as weak macro numbers and negative global cues kept investors on edge.</p>.<p>Wholesale prices based inflation eased further to 0.16 per cent in October, as against 0.33 per cent in September due to subdued prices of non-food articles and fall in prices of manufactured items, government data showed on Thursday.</p>.<p>On the other hand, retail price based consumer inflation spiked to 16-month high of 4.62 per cent in October on costlier food items, reducing the headroom for a rate cut by the RBI in its monetary policy due next month.</p>.<p>Further, Moody's Investors Service on Thursday slashed India's economic growth forecast to 5.6 per cent for 2019, saying government measures do not address the widespread weakness in consumption demand.</p>.<p>Bourses in Shanghai, Hong Kong, Tokyo and Seoul on a mixed note, while those in Europe were also trading in the red in their respective early deals.</p>.<p>Meanwhile, the Indian rupee recovered 14 paise to 71.94 against the US dollar intra-day.</p>.<p>Brent crude futures, the global oil benchmark, rose 0.64 per cent to USD 62.77 per barrel. </p>