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.
Profit bookings along with subdued global cues dragged India's key equity indices -- S&P BSE Sensex and NSE Nifty50 -- in the red during Tuesday's late-trade session.
At 10 a.m., the 30-scrip sensitive index traded at 60,690.03 points, down 453.30 points or 0.74 percent.
On the other hand, the broader 50-scrip Nifty at National Stock Exchange (NSE) opened at lower note at 18,602.35 points.
NTPC was the top gainer in the Sensex pack, rising around 4 per cent, followed by Bajaj Finserv, SBI, Bajaj Finance, Tech Mahindra, Dr Reddy's
During the week, the Sensex rallied 1,032.58 points or 1.74 per cent, while the Nifty surged 268.05 points or 1.52 per cent.