Value buying, along with broadly positive global bourses and a recovery in Indian rupee, aided the key Indian equity indices to make substantial gains on Friday.<\/p>\n
Both the BSE Sensex and NSE Nifty50 ended over one per cent higher after two days of consecutive losses.<\/p>\n
Index-wise, the broader Nifty50 of the National Stock Exchange (NSE) closed at 10,714.30 points — up by 125.20 points or 1.18 per cent — from its previous close of 10,589.10 points.<\/p>\n
The barometer 30-scrip Sensex on the BSE, which had opened at 35,128.16 points, closed at 35,423.48 points — higher by 385.84 points or 1.10 per cent — from its previous session’s close of 35,037.64 points.<\/p>\n
Sensex touched a high of 35,459.05 points and a low of 35,099.65 points during the intra-day trade.<\/p>\n
In the broader markets, the S&P BSE mid-cap rose by 1.81 per cent and the S&P BSE small-cap ended 1.92 per cent higher from its previous close. The BSE market breadth was bullish with 1,830 advances and 757 declines.<\/p>\n
Despite the underlying sentiment being fragile, stocks across the globe recovered from the recent sell-off to trade higher, he said.<\/p>\n
The rupee ended at 68.47 per dollar, 32 paise stronger than its previous close of 68.79 per greenback.<\/p>\n
Investment-wise, provisional data with exchanges showed that foreign institutional investors sold scrip worth Rs 157.15 crore while the domestic institutional investors bought stocks worth Rs 2,262.83 crore.<\/p>\n
Sector-wise, all the indices ended on a positive note with the S&P BSE consumer durables index gaining the most, by 576.31 points. It was followed by the capital goods and oil and gas indices which rose by 475.61 points and 368.85 points respectively.<\/p>\n
The major gainers on the Sensex were Tata Steel, up 3.61 per cent at Rs 567.85; Yes Bank, up 3.16 per cent at Rs 339.60; Reliance Industries, up 2.99 per cent at Rs 972.95; Larsen and Toubro, up 2.86 per cent at Rs 1,271.30; and Adani Ports, up 2.75 per cent at Rs 372 per share.<\/p>\n
The top losers were IndusInd Bank, down 1.45 per cent at Rs 1,939.30; Hero MotoCorp, down 1.19 per cent at Rs 3,472.05; HDFC Bank, down 1.17 per cent at Rs 2,108.05; Mahindra and Mahindra, down 1.15 per cent at Rs 896.80; and Sun Pharma, down 0.83 per cent at Rs 560.55 per share.<\/p>\n","protected":false},"excerpt":{"rendered":"
Value buying, along with broadly positive global bourses and a recovery in Indian rupee, aided the key Indian equity indices to make substantial gains on Friday. Both the BSE Sensex and NSE Nifty50 ended over one per cent higher after two days of consecutive losses. Index-wise, the broader Nifty50 of the National Stock Exchange (NSE) […]<\/p>\n","protected":false},"author":3,"featured_media":848,"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":[242,245,244,243],"class_list":["post-847","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bse-sensex","tag-hero-motocorp","tag-indusind-bank","tag-nse-nifty50"],"aioseo_notices":[],"yoast_head":"\n