Sensex ends choppy day 130pts up ahead of inflation data; Nifty below 17700

CLOSING BELL

Stock market highlights: The volatile day in the markets ended mildly above the flat line on Friday as investors awaited India's retail inflation data for July. The S&P BSE Sensex gyrated around 425 points, before closing 130 points, or 0.22 per cent, higher at 59,463. The Nifty50 closed at 17,698, up 39 points or 0.22 per cent.

In the broader markets, the BSE MidCap and SmallCap indices closed 0.15 per cent and 0.4 per cent higher, respectively. Among sectors, the Nifty IT and Pharma indices fell 1.15 per cent each, while the Nifty Oil and Gas index rose over 2 per cent.

Stock of the day: Tata Elxsi

Shares of Tata Elxsi hit a new high at Rs 10,150 as they rallied 6.8 per cent on the BSE in Friday’s intra-day trade on the back of strong growth outlook. Tata Elxsi is a subsidiary of Tata Sons. READ MORE