Market ends low amid IT selloff; mid, small-caps underperform
At close, Sensex declined 0.1%, or 72.56 points, to settle at 74,029.76, while the Nifty slipped 0.12%, or 27.4 points, to 22,470.5.
At close, Sensex declined 0.1%, or 72.56 points, to settle at 74,029.76, while the Nifty slipped 0.12%, or 27.4 points, to 22,470.5.
At close, the Sensex was down 12.85 points or 0.02% at 74,102.32, and the Nifty was up 37.60 points or 0.17% at 22,497.90.
Analysts at Morgan Stanley expect the Sensex to hit the 105,000 mark by December 2025 as their bull-case scenario for the index.
At close, the Sensex was down 7.51 points or 0.01% at 74,332.58, and the Nifty was up 7.80 points or 0.03% at 22,552.50. For the week, BSE Sensex added 1.5% and Nifty jumped 2%.
Benchmark indices on Wednesday bounced back sharply with Nifty finishing above 22,300, breaking a 10-day losing streak.
Sensex has taken a little over 31 years for the 30-share index to traverse from 1,000 level to 60,048.47 at close of trade on Friday.
The Sensex opened at 60,158.76 points from its previous close of 59,885.36 points.
S&P BSE Sensex traded at 59,511.43 points, higher by 370.27 points or 0.63 per cent from its previous close. NSE Nifty50 traded higher. It rose to 17,727.70 points, higher by 98.20 points or 0.56 per cent from its previous close
On Thursday, the market capitalisation of BSE-listed companies reached its all-time peak of Rs 2,60,78,355.12 crore at the close of trade, largely riding on a record rally in equities.
The top gainers so far on the Sensex were NTPC, Bharti Airtel and Titan Company, while the major losers were Axis Bank, HDFC Bank and Nestle India.
