look news india
Indian stock indices closed with gains on Friday after falling for five consecutive sessions due to subdued value buying in the market led by favorable global factors and gains in stocks like ITC, Reliance and Bharti Airtel. However, due to the decline seen in the market in the first four days of this week and especially on Thursday, the indices closed with a decline of up to 1.86 percent on a weekly basis. The weekly decline is the worst in two months. On a weekly basis, the Sensex fell 1,214 points or 1.64 percent, while the Nifty closed down 420 points or 1.86 percent. Today the market capitalization of companies listed on BSE is Rs. The figure of decline in investors' wealth in the five sessions of the entire week was Rs 3.25 lakh crore. 9.41 lakh crore.
At the end of the session today, BSE Sensex closed at 72,664, up 260 points or 0.36 percent, while Nifty closed at 22,055, up 98 points or 0.44 percent. Among Sensex stocks, NTPC, Power Grid, JSW Steel, Asian Paints and ITC were the top gainers with gains of 2-3 per cent, while Tata Motors, Bajaj Finance, Maruti Suzuki and Reliance Industries also closed with gains. On the other hand, TCS, Infosys, Wipro, HDFC Bank and M&M are among the top losers. During the day, Sensex touched a high of 72,946 and touched close to 73,000. Indian stock markets also gained momentum as global markets strengthened on expectations of interest rate cut by the US Federal Reserve. The Nifty oil and gas index rose 1.2 percent, with the stock rising 4.5 percent on Bharat Petroleum's strong results. Apart from this, Nifty FMCG, Metal, Healthcare and Consumer Durables indices also registered a rise of more than 1 percent.
For the broader market, mid-cap and small-cap stocks outperformed and the BSE mid-cap and small-cap indices closed 0.8 per cent higher compared to a 0.36 per cent gain in the Sensex.