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India’s stock markets closed the volatile trading session with moderate gains on positive global cues. Continued rise in the shares of heavyweight such as ICICI Bank, Reliance Industries, Maruti Suzuki and HDFC lifted up the markets to conclude at fresh record peaks on Friday with BSE Sensex rising 34,592.39 at the close, up by 88.90 points, while NSE Nifty up by 30.05 points at 10,681.25.
Shares of ICICI Bank, Reliance Industries, Maruti Suzuki, HDFC, ONGC, Dr Reddy’s have gained at a tune of 2.5 percent, helping the headline indices to minimize the losses.
Shares of Bharti Airtel, Sun Pharma, Power Grid, ITC, Adani Ports, Yes Bank, TCS, NTPC, and Bajaj Auto lost up to 1.3 percent.
The stock of IT major Infosys rose 0.94 percent to hit a fresh 52-week high of Rs 1085.9 before finishing up 0.32 percent at Rs 1,079 ahead of its Q3 earnings which are expected for later today.
TCS shares fell over 0.74% on NSE after the company had yesterday posted 3.6% fall in net profit for the December quarter. Shares of Infosys rose up by 0.26% at 1,078.65 ahead of Q3 earnings, to be announced after market hours today.
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Posted in: Indian Market Tips
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