Business

Markets Close Higher; Sensex Gains 181 Points

The benchmark equity indices Sensex and Nifty concluded higher on Friday, driven by auto and consumer durable sectors.

The BSE Sensex inched up 181.87 points, or 0.24 percent to 76,992.77. The NSE Nifty went up 66.70 points, or 0.29 percent to 23,465.60.

ABB India, LIC, Siemens, ICICI Lombard, Varun Beverages, Samvardhana Motherson, Bharat Electronics, ICICI Prudential, and Eicher Motors were the top gainers.

Among the laggards were Godrej Consumer, Tech Mahindra, Wipro, TCS, Adani Power, HCL Technologies, and Tata Power.

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

US markets closed on a mixed note on Thursday.

European stocks were trading lower.

Brent crude lost 0.41 percent to USD 82.41 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 3,033 crore on Thursday.

On Thursday, the Sensex soared 204.33 points, or 0.26 percent to 76,810.90, while the Nifty moved 75.95 points, or 0.32 percent to 23,074.30.

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Spriha Rai

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