Market gauges Sensex and Nifty broke their four-session losing run on Friday as emergence of buying in financial, pharma and IT stocks negated losses in metal counters.
After a range-bound trading through the day, the BSE Sensex ended 166.07 points or 0.32 per cent higher at 52,484.67.
Likewise, the broader NSE Nifty advanced 42.20 points or 0.27 per cent up at 15,722.20.
On the Sensex chart, ICICI Bank was the top gainer, rising over 1.5 per cent, followed by RIL, SBI, Titan, HDFC, Axis Bank, Bajaj Finance and Infosys. On the other hand, Tata Steel, PowerGrid, Bajaj Auto, Asian Paints and Sun Pharma were major laggards.
Of the 30 Sensex constituents, 16 shares ended with gains and 14 suffered losses.
Sectorally, BSE consumer durables, energy, healthcare, telecom, realty, bankex and finance indices rose up to 1.23 per cent. On the other hand, power, metal, utilities and capital goods indices ended in the red.
Broader midcap and smallcap indices outperformed the benchmark, rising up to 1.01 per cent.
During the week, Sensex declined by 440.37 points or 0.83 per cent, while Nifty fell 138.15 points or 0.87 per cent.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
First Published: Fri, July 02 2021. 23:19 IST
read the full story about Markets log first gain in 5 days; financial, pharma stocks take charge
#theheadlines #breakingnews #headlinenews #newstoday #latestnews #aajtak #ndtv #timesofindia #indiannews