Sensex Ends 127 Pts Higher, Nifty Reclaims 11,900-level Led by Gains in Auto, Metal and Power Stocks

Equity benchmark Sensex ended 127 points higher on Friday, primarily led by gains in auto, metal and power sector stocks amid positive cues from global markets. After rising 252.63 points during the day, the 30-share Sensex settled 127.01 points or 0.31 per cent higher at 40,685.50, and the broader NSE Nifty rose 33.90 points or 0.28 per cent to end 11,930.35.

On the Sensex, Maruti Suzuki was the top gainer, rallying around 4 per cent, followed by M&M, Tata Steel, PowerGrid, Bajaj Auto and NTPC. On the other hand, UltraTech Cement, HCL Tech, HUL and Bajaj Finserv were among the laggards.

According to traders, domestic equities ended with gains tracking largely positive cues from global markets. Bourses in Hong Kong, Tokyo and Seoul closed up to 0.54 per cent higher, while Shanghai finished in the red.

Stock exchanges in Europe were also trading in the green in early deals. Meanwhile, international oil benchmark Brent crude was trading 0.38 per cent higher at USD 42.62 per barrel.

In the forex market, the rupee depreciated 7 paise to close at 73.61 against the US dollar.

Speak Your Mind

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get in Touch

350FansLike
100FollowersFollow
281FollowersFollow
150FollowersFollow

Recommend for You

Oh hi there 👋
It’s nice to meet you.

Subscribe and receive our weekly newsletter packed with awesome articles that really matters to you!

We don’t spam! Read our privacy policy for more info.

You might also like

McDonald’s Just Announced Some Great News, and It Has...

This is a story about the three things McDonald's has done recently that enabled...

BMW Turns German Auto Production Electric But Pushes Combustion...

BMW's flagship headquarters factory in Munich will be retooled...

Dozens More Mystery Drone Incursions Over U.S. Nuclear Power...

Forbes recently described how a swarm of drones flew in a restricted area at...