Business

Stock Markets Close On A Mixed Note

The equity benchmark indices Sensex and Nifty concluded on a mixed note on Friday, amid selling in finance services and banking stocks and buying in energy shares.

The 30-share BSE Sensex slipped 53.07, or 0.06 percent to 79,996.60. The Nifty advanced 21.70 points, or 0.08 percent to 24,323.85.

The Nifty Bank dipped 443.35 points, or 0.83 percent to 52,660.35.

The Nifty Energy soared 676.20 points, or 1.61 percent to 42,523.90.

IRFC, ONGC, TVS Motor Company, Reliance Industries, SBI, Britannia Industries, Bharat Electronics, Hindustan Unilever, Zydus, Cipla, IRCTC, ICICI Lombard, and Bajaj Auto were the top gainers.

Among the laggards were HDFC, Bajaj Holdings, Titan, Adani Energy Slut., Tata Steel, Mahindra & Mahindra, DLF, LTIMindtree, Samvardhana Motherson, Adani Green Energy, Adani Total Gas, Bosch, UltraTech Cement, Induslnd Bank, and Adani Power.

In Asian markets, Indonesia, Thailand, Taiwan, and South Korea closed in positive territory, while Tokyo, Hong Kong, Malaysia, Shanghai, and Singapore ended in negative territory.

US markets closed higher on Thursday.

European stocks were trading in positive territory.

Brent crude lost 0.37 percent to USD 87.11 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) bought equities worth Rs 2,575.85 crore on Thursday.

On Thursday, the Sensex advanced 62.87 points, or 0.08 percent, to 80,049.67, while the Nifty moved 15.65 points, or 0.06 percent, to 24,302.15.

Also read: UK Labour’s Landslide Election Victory Boosts European Stock Markets

Spriha Rai

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