Finance
The range-bound session concludes on a lower tone on Friday. The Nifty 50 ended the session 48 points or 0.19% lower at 25,013, while the Sensex slid 238 points or 0.29% to conclude at 82,292.96.
In accordance with market mood, the Nifty Bank fell 5 points, or 0.01%, to conclude at 55,350.80.
However, tiny and midcap stocks deviated from the benchmarks. The BSE Smallcap increased 595.27 points, or 1.18%, to finish at 51,045.74, while the BSE Midcap rose 380.29 points, or 0.85%, to 45,005.84.
For the week, Nifty closes 1.7% higher while the Sensex is up 0.6%.
5 big highlights from today’s market action-
Indices in intraday trade
The indices closed Friday’s session on a lower note on the back of muted global and domestic cues. During the session, the Nifty 50 fell as much as 0.5%, while the 30-stock index, Sensex, corrected 0.4%.
Top gainers
Bharat Electronics was the top gainer in the Nifty 50 in Friday’s session, closing 3.82% higher. It was followed by Tata Consumer Products, Bajaj Auto, Adani Enterprises, and Hindustan Unilever.
Top losers
Meanwhile, the shares of BHarti Airtel were the biggest losers in today’s trade. It was followed by HCL Technologies, Infosys, JSW Steel, Shriram Finance, and many others.
Sectoral Index
The Nifty Realty outperformed and closed at the highest level among the sectoral indices, rising 1.63% in Friday’s trade. It was followed by Nifty FMCG, surging 0.66%. The broader markets, small- and mid-cap stocks closed on a higher note. The volatility index has cooled down in today’s trade by 2.02% to the 16.55 level.
Market breadth remained in favour of bulls
The overall market breadth remained in favour of bulls.. Of the 2,971 equities traded, 1,969 climbed while 911 sank. Additionally, 91 stocks were unchanged. Today, 57 stocks reached new 52-week highs, while 8 hit 52-week lows. Furthermore, 175 stocks made contact with the upper circuit and 33 with the bottom circuit.
Source: FE
