Last Updated: March 22, 2024, 15:47 IST
Sensex (Representative picture/Reuters)
Indian benchmark indices Sensex and Nifty traded with cuts on Friday, dragged by IT shares
Shrugging off early weak point, fairness markets rebounded and held their good points by the day on Friday. The S&P BSE Sensex, which fell over 200 factors in early offers, closed 191 factors (0.26 per cent) increased at 72,832 ranges.
The Nifty50, alternatively, ended at 22,097, up 85 factors (0.39 per cent), led by Hero MotoCorp, Maruti Suzuki, UPL, Apollo Hospitals, Sun Pharma, Cipla, SBI Life, Bajaj Auto, Titan, Eicher Motors, ITC, JSW Steel, L&T, Hindalco, Tata Motors, and Adani Ports.
In the broader markets, too, constructive sentiment lifted the BSE MidCap index 0.38 per cent and the BSE SmallCap index 1.06 per cent.
Among sectors, the Nifty IT was the one sector that declined right this moment after world big Accenture trimmed its income forecast for FY24, and portray a uninteresting outlook for the sector. The IT index slipped 2.26 per cent right this moment.
Global Cues
Markets in Asia-Pacific remained a combined bag of inexperienced and pink on Friday morning, with Japan’s Nikkei 225 persevering with its bull run for the second consecutive buying and selling session hovering 0.53 per cent and buying and selling above 41,000 ranges, whereas the Topix additionally climbed 0.64 per cent.
However, Hong Kong’s Hang Seng index futures have been down by 1.70 per cent at 16,580 ranges. Australia’s S&P/ASX 200 was additionally buying and selling decrease at 0.31 per cent on Thursday morning.
Meanwhile, South Korea’s Kospi was up 0.19 per cent, and the Kosdaq was down 0.03 per cent.
Overnight within the US, all three main indexes hit recent highs, with each the Dow Jones Industrial Average and the S&P 500, rising 0.68 per cent and 0.32 per cent respectively. Meanwhile, the Nasdaq Composite noticed a leap of 0.20 per cent.
