Market snaps four-day losing streak to end high
At close, the Sensex was up 169.62 points or 0.22 per cent at 76,499.63, and the Nifty was up 90.10 points or 0.39 per cent at 23,176.05.
At close, the Sensex was up 169.62 points or 0.22 per cent at 76,499.63, and the Nifty was up 90.10 points or 0.39 per cent at 23,176.05.
At close, the Sensex was down 1,048.90 points or 1.36 per cent at 76,330.01, and the Nifty was down 345.55 points or 1.47 per cent at 23,085.95.
The stock market ended lower during a highly volatile session on Friday, with the Nifty falling below 23,350. This was led by selling across the sectors, barring IT stocks.
Analysts at HSBC downgraded Indian equities to 'Neutral' from 'Overweight’.
Market witnessed on Wednesday sharp rebound amid buying in heavyweights and IT, oil and gas, FMCG stocks.
Healthy buying was witnessed in the banking and finance stocks. A positive trend in the Asian markets also supported the domestic indices.
Top gainers on the Sensex included Tata Steel, HDFC Bank, Ultratech Cement, PowerGrid, ONGC, Kotak bank and Axis Bank.
Asian Paint was the only stock in the index that ended in the green, up by 0.32 per cent.
NTPC, ONGC, Tech Mahindra, PowerGrid, Infosys and HCL Tech were among the major laggards.
On the other hand, Titan, Sun Pharma, ICICI Bank, Axis Bank, SBI and Bajaj Finance were among the main laggards.
