Markets end lower with auto, IT stocks under pressure
The benchmark indices ended lower on Friday, with auto and Information Technology stocks remaining under pressure amid concern over the upcoming US tariffs.
The benchmark indices ended lower on Friday, with auto and Information Technology stocks remaining under pressure amid concern over the upcoming US tariffs.
Indian corporates raised record-high funds through equity and debt in the financial year 2024-25, despite market fluctuations, a new report said on Thursday.
The stock market extended gains for the fifth consecutive session on Friday, ignoring weak global markets.
At close, Sensex was up 1,131.31 points or 1.53% at 75,301.26, and the Nifty was up 325.55 points or 1.45% at 22,834.30.
Indian Stock Market ended lower in a volatile session on Thursday with Nifty slipping below 22,400. The development comes despite positive cues from industrial production and retail inflation data.
The combined market valuation of five of the top-10 most-valued firms tumbled Rs 1,85,952.31 crore last week.
Market witnessed on Wednesday sharp rebound amid buying in heavyweights and IT, oil and gas, FMCG stocks.
At close, the Sensex was up 234.12 points or 0.30% at 78,199.11, and the Nifty was up 91.85 points or 0.39% at 23,707.90.
The domestic benchmark indices opened lower on Tuesday as selling was seen in IT, realty, auto, financial service, FMCG, media and private bank sectors on Nifty.
Benchmark indices closed with little change on Thursday in yet another volatile session, with the Nifty at 23,750 led by auto, pharma, energy stocks. At close, the Sensex was down 0.39 points at 78,472.48, and the Nifty was up 22.55 points or at 23,750.20.