
Mumbai, 16 January. Amid global uncertainties, the domestic stock market regained momentum on the last day of the trading week due to buying in select leading companies including Infosys. After the ongoing decline in the last two trading sessions, BSE Sensex rose by 188 points on Friday while NSE Nifty rose by 29 points and reached near 25,700.
Sensex closed at 83,570.35 points
Bombay Stock Exchange (BSE)’s benchmark index Sensex based on 30 shares closed at 83,570.35 points with a gain of 187.64 points or 0.23 percent. At one time during the volatile trading, it had jumped 752.26 points to reach 84,134.97 points. Among Sensex companies, shares of 12 remained strong while 18 declined.
Nifty rises by 28.75 points to 25,closed at 694.35
On the other hand, the 50-share sensitive index Nifty of the National Stock Exchange (NSE) also closed at 25,694.35 points, rising 28.75 points or 0.11 percent in a volatile session. At one point during trading, the index had risen 207.90 points to reach 25,873.50. Among Nifty companies, shares of 23 closed in the green and 27 were weak. In the broader market, BSE Midcap rose 0.15 per cent while Smallcap fell 0.45 per cent.
Infosys shares recorded highest 5.65 percent jump
Among the companies included in the Sensex group, Infosys shares recorded the highest rise of 5.65 percent, which helped in stabilizing the market. Apart from this, shares of Tech Mahindra, HCL Tech, State Bank of India, UltraTech Cement and HDFC Bank were also among the major gainers. On the other hand, shares of Eternal, Asian Paints, Bharat Electronics, Sun Pharma and Maruti declined.
FII has 4,781.24 Sold shares worth crores of rupees
According to stock market data, foreign institutional investors (FIIs) sold shares worth Rs 4,781.24 crore on Wednesday while domestic institutional investors (DIIs) bought shares worth Rs 5,217.28 crore. Brent crude, the international oil benchmark, rose 1.05 percent to $64.43 a barrel.
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