Indian Equity Market ended with small gains on Friday led by gains in IT, banks and metal stocks.
The BSE Sensex settled 14.23 points or 0.04 per cent higher at 38,854.55 levels .10 out of 30 stocks were in advance while 20 stocks were in decline. It Touched intraday high of 38,978.52 and low of 38,711.80.
The NSE's Nifty ended at 11,464.45 levels , up 15.20 points, or 0.13 per cent.21 out of 50 stocks were in advance while 29 stocks were in decline. It Touched intraday high of 11,493.50 and low of 11,419.00.
On Sectoral Front, IT ,Realty ,FMCG, Metal, Auto, Pharma, Bank Indexes were the gainers with a gain of 1.29%, 1.27%, 0.63%, 0.61%, 0.15%,0.09%,0.06% respectively while Media, Energy Indexes were the losers with a loss of 0.88%, 0.22% respectively.
On BSE, Shares of SBI,TCS, Tech Mahindra, Bajaj Finance, HUL, Kotak Bank, Titan were the gainers with a gain of 2.30%, 1.81%, 1.76%, 1.27%, 1.16%, 0.97%, 0.88% respectively while shares of IndusInd Bank, Powergrid, Asian Paints, Bharti Airtel ,HDFC,ITC ,Maruti were the losers with a loss of 1.71%, 1.52%, 1.34%, 1.195, 1.11%, 0.57%, 0.56% respectively.
On NSE, Shares of Wipro ,SBI, Tech Mahindra ,TCS, Hero Moto Corp, UPL ,Britannia, HUL were the gainers with a gain of 2.81%, 2.80%,1.83%, 1.68%, 1.43%, 1.30%, 1.30%, 1.18% respectively while shares of Zee Limited, IndusInd Bank ,Powergrid ,BPCL ,Coal India, Bharti Airtel, HDFC Bank, Eicher Motors were the losers with a loss of 2.22%, 1.68%, 1.58%, 1.53%, 1.18%, 1.18%, 0.92%, 0.85% respectively.
Asian shares were mixed Friday following a selloff of technology shares on Wall Street.
European markets were mixed on Friday as investors monitored tense negotiations between the U.K. and the European Union.
TOP STOCKS IN NEWS:
Shares of State Bank of India(SBI) gained nearly 3% as the bank has recently reduced the marginal cost of funds based lending rate (MCLR) linked retail loan's reset frequency to 6 months as against 1-year earlier.
Tech Mahindra rose nearly 2% as the company had to send their employees to work from home due to the danger of the COVID-19 disease hanging over our heads.