Privatisation hopes on few metal names fuelled a 3 per cent upmove on the metal index even as select pharmaceutical and speciality chemical stocks saw good buying interest.
The Indian stock market is witnessing a high level of volatility affected by global cues as markets all across showing weak trends.
The broader NSE Nifty climbed 54.20 points or 0.31 per cent to its new closing record of 17,377.80, while international oil benchmark Brent crude rose 0.80 per cent to USD 72.03 per barrel.
All BSE sectoral indices closed in the green on Friday, led by capital goods (2.14 per cent), basic materials (1.69 per cent), industrials (1.58 per cent) and power (1.46 per cent).
The 30-share index ended 125.13 points or 0.23 per cent higher at 54,402.85, while the broader NSE Nifty advanced 20.05 points or 0.12 per cent to 16,258.25. Meanwhile, the rupee opened at 74.21 against the American currency and slipped further to close at 74.26, registering a decline of 11 paise over its previous close.
On the domestic equity market front, the BSE Sensex ended 123.07 points or 0.23 per cent higher at 54,492.84, while the broader NSE Nifty advanced 35.80 points or 0.22 per cent to 16,294.60.
Notably, strong buying was seen in quality mid-cap and small-cap stocks after the recent fall, while volatility index contracted by 5 per cent.
The broader NSE Nifty inched 2.80 points or 0.02 per cent higher to close at 15,692.60. Meanwhile, gold on Monday dipped Rs 169 to Rs 46,796 per 10 gram.
The 30-share BSE Sensex ended 182.75 points or 0.35 per cent lower at 52,386.19. The broader NSE Nifty dropped 38.10 points or 0.24 per cent to close at 15,689.80. Meanwhile, gold tumbled Rs 451 to Rs 46,844 per 10 grams.
Equity benchmark Sensex slumped 486 points on Thursday. Meanwhile, gold was marginally up by Rs 9 to Rs 46,981 per 10 gram.
The Indian rupee continued to depreciate on Wednesday amid a strengthening dollar across currencies globally
The 30-share BSE index ended 848.18 points or 1.74 per cent higher at 49,580.73, and the broader NSE Nifty soared 245.35 points or 1.67 per cent to 14,923.15.
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Mumbai: Logging its first fall in eight sessions, the Indian rupee on Monday plunged by 68 paise to 71.60 against the US dollar amid concerns over soaring crude prices following drone attacks on Saudi Arabia’s oil facilities. Surging crude oil prices have emerged as major fears for India — the world’s third largest oil importer […]
Mumbai: The rupee appreciated by 22 paise to 70.47 against the US dollar in early trade on Friday, tracking gains in domestic equities amid reports of a meeting between foreign investors and finance ministry officials regarding higher tax surcharge during the day. At the interbank foreign exchange, the rupee opened at 70.54, then gained momentum […]
Mumbai: The rupee tumbled 41 paise to 69.20 against the US dollar in early trade on Thursday amid unabated foreign fund outflows and rising crude oil prices. Forex traders strengthening of the greenback vis-a-vis other currencies overseas and cautious opening in domestic equities weighed on the local unit. Forex traders said though the US Federal […]