Sensex ends 182 points higher, Nifty50 above 7,850

The domestic equity market traded with smart gains on Thursday bucking the muted trend seen in other Asian and European markets. Ahead of the expiry of November F&O series, which expired at the end of the trading session, investors initiated fresh positions on the benchmark indices.

The S&P BSE Sensex ended the day with gains of 182 points, or 0.71 per cent, at 25,958 while the 50-stock barometer Nifty50 closed at 7,884, up 52 points, or 0.6 per cent. Tata Motors and Sun Pharma were the top gainers on the BSE benchmark, up 5.6 and 4 per cent, respectively.

Shares of Dr Reddy's Labs closed with losses of 8 per cent after the USFDA suggested that future approvals of its generic products may be under threat if the company does not comply with safety regulations.

Shares of Sun Pharma surged 4 per cent at close, snapping a four-day losing streak, after the drugmaker informed BSE that its subsidiaries have dropped a plan to invest in a wind energy project in the US.

BUZZING STOCKS:

Dr Reddy's Laboratories slumped 10 per cent in trade.

DLF surged over 5 per cent in trade.

Natco Pharma surged over 13 per cent in trade.

Videocon climbed over 5 per cent in trade.

Sun Pharma surged over 4 per cent in trade.

Tata Motors was up about 2 per cent in trade.

Opto Circuit rallied over 9 per cent in trade.

Shree Renuka Sugars dipped about 3 per cent in trade.

SPARC gained over 5 per cent in trade.