Sensex, Nifty rebound on fag-end buying; auto, tech shares advance

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Sensex, Nifty rebound on fag-end buying; auto, tech shares advance


The Bombay Stock Exchange (BSE) constructing in Mumbai. File
| Photo Credit: REUTERS

Equity benchmark indices Sensex and Nifty rebounded on Friday to shut with marginal positive aspects as a result of fag-end shopping for in auto, IT and tech shares amid weak international traits.

After remaining within the unfavorable territory for many a part of the session, the 30-share BSE Sensex climbed 72.48 factors or 0.11% to settle at 64,904.68. During the day, it fell 251.25 factors or 0.38% to 64,580.95.

The Nifty went up by 30.05 factors or 0.15% to 19,425.35.

Among the Sensex corporations, NTPC, Tech Mahindra, ExtremelyTech Cement, Bajaj Finance, ITC, Bajaj Finserv, Axis Bank and Power Grid had been the main gainers.

On the opposite hand, Mahindra & Mahindra, HCL Technologies, Titan and IndusInd Bank had been among the many laggards.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled decrease.

European markets had been quoting within the unfavorable territory. The U.S. markets ended decrease on Thursday.

Foreign Institutional Investors (FIIs) offloaded equities price ₹1,712.33 crore on Thursday, in accordance with alternate information.

“Selective buying helped markets end marginally higher despite other Asian and European counterparts struggling on the back of selling pressure. Foreign fund outflows from the domestic market have been of concern,” stated Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.

Global oil benchmark Brent crude climbed 0.94% to $80.76 a barrel.

The BSE benchmark declined 143.41 factors or 0.22% to settle at 64,832.2 Thursday. The Nifty dipped 48.20 factors or 0.25% to 19,395.30.

Stock exchanges will conduct a one-hour particular muhurat buying and selling session on the event of Diwali on November 12.

The symbolic buying and selling session might be held between 6 pm and seven.15 pm. This features a 15-minute pre-market session.



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