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.
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.
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.
The Nifty 50 closed 0.11% lower, settling at 23,727, while the Sensex ended with a minor 0.09% drop at 78,472.
After witnessing a decline of about 5 per cent over the previous five consecutive trading sessions, the domestic benchmark indices closed in green on Monday amid strong global cues.
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 30 stock S&P BSE Sensex closed 36.74 points or 0.06 per cent higher at 58,803.33 points against its previous day's close at 58,766.59 points.
Rating agency Moody's Investors Service on Thursday once again lowered India's economic growth forecast for 2022 to 7.7 per cent.
Benchmark indices ended sharply down on Thursday in line with international peers with Sensex falling over 700 points and Nifty falling over 200 points
Indian stocks opened Thursday's session with substantial losses led by a steep decline in IT and oil and gas shares. At 10 a.m.,
Meanwhile, rupee again retreated from 80 mark against US dollar on Tuesday to trade at 79.84.
