Stock Market Highlights: The Sensex and Nifty ended higher for the second straight trading session on Friday backed by renewed buying interest in IT and banking stocks. Realty shares too logged strong gains, while auto and pharma shares signed-off on a weak note.
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Stock Market Highlights: The Sensex and Nifty ended higher for the second straight trading session on Friday backed by renewed buying interest in IT and banking stocks. Realty shares too logged strong gains, while auto and pharma shares signed-off on a weak note.
The S&P BSE Sensex gyrated in a range of 675 points, the index from a high of 58,179 slipped into red to a low of 57,504. The BSE benchmark finally ended 355 points higher at 587,990.
The NSE Nifty 50 advanced 114 points as it reclaimed the 17,100 level.
Among the Sensex 30 stocks, HCL Technologies soared over 3.5 per cent. UltraTech Cement, Nestle and Kotak Bank were the other major gainers, up over 2 per cent each. Tata Steel, ICICI Bank, HDFC, HDFC Bank, Bharti Airtel, Infosys, SBI and Wipro were the other significant gainers.
TCS swung between zones and finally ended a tad in red at Rs 3,172, a day after its CEO & MD Rajesh Gopinathan resigned. Analysts caution against the near-term volatility in the stock price as the development comes amid a challenging macro-environment including fears of a potential recession in the US. READ MORE
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