From the BSE Sensex hitting a new record high earlier in the day, to closing on a flat-to-negative note, the key Indian equity indices saw a very volatile trade on Friday.<\/p>\n
Although the market had opened on a positive note in continuation with Thursday’s bull run helping the Sensex touch a fresh all-time high of 36,740 points in the morning session, still the indices could not hold on to the earlier gains.<\/p>\n
Analysts attribute the shedding of gains on the indices to the weak macro-economic data released on Thursday — higher retail inflation in June and fall in industrial output in May.<\/p>\n
Index-wise, the broader Nifty50 of the National Stock Exchange (NSE) closed at 11,018.90 points — lower by 4.30 points or 0.04 per cent — from its previous close of 11,023.20 points.<\/p>\n
The barometer 30-scrip Sensex on the BSE, which had opened at 36,635.14 points, closed at 36,541.63 points — down 6.78 points or 0.02 per cent — from its previous close of 36,548.41 points.<\/p>\n
As mentioned, it touched a record intra-day high of 36,740.07 points and a low of 36,501.61 points.<\/p>\n
In the broader markets, the S&P BSE mid-cap fell by 0.77 per cent and the S&P BSE small-cap ended 1.36 per cent lower from its previous close. The BSE market breadth was bearish with 1,824 declines and 813 advances.<\/p>\n
On the currency front, the rupee appreciated by five paise to end at 68.53 per dollar, against the previous close of 68.58 per greenback.<\/p>\n
Investment-wise, provisional data with exchanges showed that foreign institutional investors sold scrip worth Rs 1,104.65 crore while the domestic institutional investors bought stocks worth Rs 872 crore.<\/p>\n
Sector-wise, the S&P BSE consumer durables index gained the most, by 178.22 points, followed by the IT index, which was up 49.21 points and the energy index rose by 32.90 points.<\/p>\n
On the contrary, the S&P BSE banking index fell by 170.58 points, the capital goods index was down 157.32 points and the FMCG index ended 101.60 points lower from its previous close.<\/p>\n
The major gainers on the Sensex were Reliance Industries, up 1.34 per cent at Rs 1,096.75; Infosys, up 1.12 per cent at Rs 1,309.10; Bajaj Auto, up 1.03 per cent at Rs 3,134; Coal India, up 0.96 per cent at Rs 267.75; and Maruti Suzuki, up 0.93 per cent at Rs 9,434.30 per share.<\/p>\n
The top losers were ONGC, down 2.80 per cent at Rs 154.60; Axis Bank, down 2.48 per cent at Rs 523.90; ITC, down 2.29 per cent at Rs 270.40; State Bank of India, down 1.96 per cent at Rs 257.60; and ICICI Bank, down 1.60 per cent at Rs 268.05 per share.<\/p>\n","protected":false},"excerpt":{"rendered":"
From the BSE Sensex hitting a new record high earlier in the day, to closing on a flat-to-negative note, the key Indian equity indices saw a very volatile trade on Friday. Although the market had opened on a positive note in continuation with Thursday’s bull run helping the Sensex touch a fresh all-time high of […]<\/p>\n","protected":false},"author":3,"featured_media":1059,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31],"tags":[421,242,423,422,243,424,317,374],"class_list":["post-1058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-p-bse-consumer-durables","tag-bse-sensex","tag-fmcg-index","tag-it-index","tag-nse-nifty50","tag-ongc","tag-reliance-industries","tag-sp-bse-mid-cap"],"aioseo_notices":[],"yoast_head":"\n