Market snaps 5-day losing streak led by realty, banking and metal
At close, the Sensex was up 498.58 points or 0.64% at 78,540.17, and the Nifty was up 165.95 points or 0.70% at 23,753.45.
The key Indian equity indices provisionally closed in the green on Friday tracking broadly positive global markets.
According to market analysts, healthy buying activity was witnessed in auto, capital goods and oil and gas stocks.
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The indices, however, ceded the day’s major gains in the last hour of trade.
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At 3.30 p.m., the broader Nifty50 of the National Stock Exchange (NSE) provisionally closed at 10,772.65 points — higher by 22.90 points or 0.21 per cent from its previous close of 10,749.75 points.
The barometer 30-scrip Sensex on the Bombay Stock Exchange (BSE), which had opened at 35,543.66 points, closed at 35,657.86 points (3.30 p.m.) — up by 83.31 points or 0.23 per cent from its previous session’s close of 35,574.55 points.
Sensex touched a high of 35,799.46 points and a low of 35,532.21 points during the intra-day trade. The BSE market breadth was tilted towards the bulls with 1,450 advances against 1,188 declines.
The top gainers on the Sensex were Hero MotoCorp, Tata Motors, Tata Motors (DVR), Bajaj Auto and Tata Consultancy Services (TCS) whereas HDFC, Sun Pharma, NTPC, Wipro and Vedanta were the major losers.
On the NSE, Hindustan Petroleum, Hero MotoCorp and Tata Motors were the highest gainers while Cipla, Tech Mahindra and Bharti Infratel lost the most.
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