All You Need To Know Going Into Trade On Dec. 6

The benchmark equity indices turned volatile in the last hour of trade on Thursday but still managed to close at their highest levels in more than a month, tracking records made by their US peers.

The Nifty 50 ended 240.95 points, or 0.98%, higher at 24,708.40, and the BSE Sensex closed 809.53 points, or 1%, up at 81,765.86.

During the day, the Nifty rose as much as 1.6% to 24,857.75, its highest level since Oct. 22, and the Sensex added as much as 1.68% to 82,317.74, its highest level since Oct. 9.

Overseas investors stayed net buyers of Indian equities for the third consecutive session on Thursday, while the domestic institutional investors stayed net sellers for a third day.

Foreign portfolio investors mopped up stocks worth Rs 8,539.91 crore, the highest amount bought by FPIs so far this month, and domestic institutional investors sold shares worth Rs 2,303.64 crore, according to provisional data shared by the National Stock Exchange.