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Closing Bell: Nifty crosses 24,200, Sensex surges 1,264 pts on renewed hopes of US-Iran peace talks
Interglobe Aviation, Max Healthcare, Power Grid Corp, Wipro, Eternal were among biggest gainers on the Nifty, while losers were Dr Reddy's Laboratories, Bharti Airtel, ICICI Bank. All the sectoral indices ended in the green with Capital Goods, Oil & Gas, Power, Infra, Media, Realty, Consumer Durables, IT rise 2% each. Nifty Midcap and Smallcap indices up more than 2 percent each.
Taking Stock: Sensex, Nifty slip in volatile trade after RBI policy; banking stocks outperform
Among sectors, Media index gained 3.5%, while PSU Banks, Realty, Consumer Durables, and Healthcare rose 0.5% each. In contrast, Energy, IT, Metal, Oil & Gas, and Telecom indices declined between 0.5% and 1.5%.
Live: Nifty logs second weekly loss; rupee rebounds 80 paise | Closing Bell
Indian equities traded lower on Friday afternoon as weakness in metal and information technology stocks outweighed gains in select financial, healthcare and consumer names. At 2:18 pm, the Sensex was down 299.98 points or 0.40 percent at 74,060.03, while the Nifty slipped 110.15 points or 0.47 percent to 23,306.40. Market breadth remained weak, with 2,070 stocks declining against 1,720 advances. The Nifty Metal index dropped nearly 2 percent and Nifty IT fell over 1 percent, while broader markets also underperformed. However, the Nifty Media index surged more than 2 percent and realty stocks traded higher, offering some support. Catch Lovish Darad in conversation with Market Experts.
Nifty recovers 200 points from intra-day lows; IT continues outperformance | Closing Bell
Indian equities erased all the intraday losses with Nifty back above 23,500. TCS, Infosys, HCL Tech, Tech Mahindra, Trent are among top gainers on the Nifty, while losers are NTPC, Power Grid Corp, Cipla, Dr Reddy's Labs and L&T. Among sectors IT index up 4%, while auto, metal, Consumer Durables, realty up 0.5% each. However, pharma, healthcare, power, media, energy down 0.5-1%. Nifty Midcap and Smallcap indices down marginally. Catch Lovish Darad in conversation with Market Experts.