Share Market Update: Domestic benchmark indices BSE Sensex and NSE Nifty50 ended Friday’s volatile session with marginal gains tracking mixed domestic and global cues. After swinging over 400 points, the BSE gauge settled 86.18 points, or 0.22 per cent, up at 39,615.90. The index hit an intra-day high of 39,703.10 and a low of 39,279.47. Likewise, the broader NSE Nifty rose 26.90 points, or 0.23 per cent, to settle at 11,870.65. During the day, the index touched a high of 11,897.50 and a low of 11,769.50.
During the week, the Sensex fell 98.30 points and the broader Nifty lost 52.15 points. Top gainers in the Sensex pack during Friday's session included IndusInd Bank, Bajaj Finance, M&M, SBI, ICICI Bank and Vedanta, rising up to 1.90 per cent. On the other hand, Yes Bank, PowerGrid, Sun Pharma, Coal India, Bajaj Auto, ONGC and RIL were among the top losers, dropping up to 2.37 per cent.
Sectorally, Nifty indices like financial services, bank, IT, service sector and private Bank were the top gaining sectors, while worst fall was seen in pharma, realty and auto. On Thursday, both Sensex and Nifty posted their biggest one-day drop this year after the Reserve Bank of India (RBI) delivered a rate cut on expected lines but failed to allay investor concerns regarding the non-banking financial company (NBFC) sector.
Meanwhile, other Asian bourses ended on a mixed note, while Europe was trading in the green in opening deals. Brent crude futures, the global oil benchmark, rose 1.20 per cent to USD 62.41 per barrel.
The Indian rupee depreciated 20 paise to 69.48 against the US dollar. Forex traders said investors welcomed the RBI policy decision as this would help to boost the slowing economy. Foreign fund inflows, higher crude oil prices and lower opening in domestic equities weighed on the domestic currency and restricted the up move. Foreign funds pulled out Rs 1,448.99 crore in the capital markets on a net basis on Thursday, provisional data showed.
Share Market Update: Sensex ends 86 pts higher led by HDFC twins, bank stocks; Nifty over 11,870 in volatile session
ABP News Bureau
Updated at:
07 Jun 2019 04:58 PM (IST)
Domestic benchmark indices BSE Sensex and NSE Nifty50 ended Friday’s volatile session with marginal gains tracking mixed domestic and global cues.
During the week, the Sensex fell 98.30 points and the broader Nifty lost 52.15 points. (Image: Getty)
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