Gains drive market to end high; Auto Index led gains
The stock market ended higher on Friday, driven by gains. The domestic market witnessed low volatility in the absence of fresh triggers and traded on a positive note throughout the session.
Sensex was dropped by 304 points on the last trading session of 2019, dragged by losses in index-heavyweights Reliance Industries, HDFC twins, ICICI Bank and TCS.
The BSE hit over 423 points during intraday trade, before it ended 304.26 points below at 41,253.74. Similar trend was witnessed on broader NSE Nifty which closed for the day at 87.40 points down at 12,168.45.
Advertisement
Tech Mahindra was the top laggard on the BSE charts, after it shed 2.51 per cent. It was followed Bajaj Auto, RIL, Hero MotoCorp, IndusInd Bank, Mahindra and Mahindra, HDFC and TCS.
Advertisement
On the other hand, top gainers’ spot was claimed by NTPC, Sun Pharma, ONGC, PowerGrid and UltraTech Cement.
On the currency front, the rupee appreciated marginally against the US dollar to 71.34 (intra-day).
(With input from agencies)
Advertisement
