Sensex adds 462 pts; Nifty tad below 15,700; auto, banks gain; IT slips
CLOSING BELL: Auto, banking, and FMCG stocks took the centre stage today as easing commodity prices eased input cost and credit off-take pressures
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Illustration: Binay Sinha
CLOSING BELL
Stock market highlights: Benchmark indices traded within a narrow range on Friday seeking support from firm global cues. The S&P BSE Sensex closed 462 points, or 0.88 per cent, higher at 52,728. The Nifty50, meanwhile, ended at 15,699, up 143 points or 0.92 per cent.
Stock market highlights: Benchmark indices traded within a narrow range on Friday seeking support from firm global cues. The S&P BSE Sensex closed 462 points, or 0.88 per cent, higher at 52,728. The Nifty50, meanwhile, ended at 15,699, up 143 points or 0.92 per cent.
Auto, banking, and FMCG stocks took the centre stage today as easing commodity prices eased input cost and credit off-take pressures. M&M, IndusInd Bank, Bajaj Finance, Hero MotoCorp, HUL, ICICI Bank, Britannia Industries, ONGC, Shree Cement, JSW Steel, Eicher Motors, Tata Consumer Products, Hindalco, and HDFC Bank rose between 1.5 per cent and 4.4 per cent to settle as top Nifty gainers.
On the downside, Tech M, Infosys, Apollo Hospitals, TCS, NTPC, HCL Tech, and Coal India ended as top laggards.
Meanwhile, in the broader market, the Nifty MidCap and SmallCap indices advanced 1.4 per cent and 1.76 per cent, respectively.
Global cues
European markets moved higher on Friday, with the pan-European Stoxx 600 index up 0.8 per cent. On Wall Street, futures linked to the three main indices added between 0.6 per cent and 0.9 per cent.
Meanwhile, in Asia, Japan's Nikkei gained 1.2 per cent; South Korea's Kospi 2.2 per cent; and Hong Kong's Hang Seng 2 per cent.
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Topics : Sensex MARKET LIVE MARKET WRAP Markets Nifty BSE NSE stock markets Buzzing stocks Dalal Street Russia Ukraine Conflict Brent crude Rupee ONGC Hero MotoCorp SGX Nifty trade
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First Published: Jun 24 2022 | 8:20 AM IST
