Indian stock market closed slightly higher, Sensex jumped 130 points.

Mumbai, October 23 (IANS). Thursday’s trading session was full of ups and downs for the Indian stock market. However, at the end of trading, the market managed to close with a slight increase. The Sensex opened at 84,445.25, touched a high of 85,290.06 and ended the day at 84,556.40, up 130.06 points or 0.15 percent. At the same time, Nifty also opened at 26,057.20 and made a high of 26,104.20 and ended the day at 25,891.40, up 22.80 points or 0.09 percent. The market rise was led by IT stocks. Nifty IT index closed with a gain of 2.21 percent. PSU Bank, Financial Services, FMCG, Metal, Realty, Private Bank and Services indices closed in the green. Auto, Pharma, Energy, Infra and Commodity indices closed in the red. Infosys, HCL Tech, TCS, Shriram Finance, Axis Bank, ONGC, Kotak Mahindra Bank, Wipro, Titan, Tech Mahindra, Tata Motors, Hindalco, Tata Steel, L&T, ITC and Bajaj Finance were the winner in the Nifty pack. Eternal (Zomato), InterGlobe Aviation, Eicher Motors, Bharti Airtel, ICICI Bank, JSW Steel, Nestle and Cipla were the losers. Sudeep Shah, Head of Technical and Derivative Research, SBI Securities, said the Indian stock market opened the session with a gap on reports of the US-India trade deal reaching the final stage. However, this rise was short-lived and the market closed flat at the end of the day. Weakness was seen in midcaps and smallcaps compared to largecaps. Nifty Midcap 100 index closed at 59,371 with a weakness of 38.30 points and Nifty Smallcap 100 index closed at 18,291.45 with a slight weakness of 9.20 points. The Indian stock market closed higher. Around 9:37 am, the Sensex was trading 785.16 points or 0.93 percent higher at 85,211.50, while the Nifty was trading 224.05 points or 0.87 percent higher at 26,092.65. –IANS ABS/