Equity Markets Close Higher Ahead Of Poll Results

On Friday, equity benchmark indices Sensex and Nifty ended a five-day losing streak, with Sensex finishing up 75 points on value-buying in banking and energy stocks following recent losses.

The 30-share BSE Sensex advanced 75.71 points, or 0.10 percent to 73,961.31. The NSE Nifty went up 42.05 points, or 0.19 percent to 22,530.70.

Adani Total Gas, Adani Power, Adani Enterprises, Adani Ports, Havells India, Tata Power, Canara Bank, GAIL (India), Ambuja Cements, Cholamandalm Invest, Shriram Finance, Adani Energy Solut., and Vedanta were the top gainers.

Among the laggards were Berger Paints, Avenue Supermarts, Divi’s Lab, Zydus, TVS Motor Company, Nestle India, Trent, RECL, TCS, and Power Finance Corp.

In Asian markets, Tokyo, and South Korea ended higher, while Thailand, Shanghai, Singapore, Indonesia, Hong Kong, Malaysia, and Taiwan concluded lower.

US markets concluded lower on Thursday.

Today, European stocks were trading lower.

Brent crude lost 0.40 per cent to USD 81.53 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 3,050.15 crore on Thursday.

On Thursday, the Sensex dipped 617.30 points or 0.83 percent to 73,885.60, while the Nifty sank 216.05 points or 0.95 percent to 22,488.65.

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