India’s stock indices on Friday ended flat, with the Nifty around 26,200. Benchmark indices entered a consolidation phase in early trade as traders booked profits at higher levels.
It came a day after both the benchmark indices touched fresh all-time highs. On Thursday, the Sensex rose over 400 points, or 0.50%, to a record high of 86,055.86, while the Nifty 50 gained 0.40% to hit an all-time high of 26,310.45. However, the Sensex ended at 85,720.38 and the Nifty at 26,215.55.
In Friday’s morning trade, the Nifty 50 index opened at 26,237.45, gaining 21.90 points (0.08%), while the BSE Sensex opened at 85,791.55, up 71.17 points (0.08%). At close, the Sensex was down 13.71 points or 0.02% at 85,706.67, and the Nifty was down 12.60 points or 0.05% at 26,202.95.
Nearly 1,945 shares advanced, 2023 shares declined, and 152 shares remained unchanged, with the BSE Midcap and smallcap indices ending on a flat note.
Nifty Auto and Pharma emerged as the top sectoral gainers, while Nifty CPSE & Nifty Oil & Gas ended as the top losers. Pharma, media, auto rose 0.5-1%, while on the other hand, power, oil & gas, telecom shed 0.5-1% each.
On Nifty, the top gainers were Adani Enterprises, M&M, Adani Ports, Sun Pharma, HUL, while the losers were SBI Life Insurance, Shriram Finance, HDFC Life, Power Grid Corp and Bharti Airtel.
Indian rupee ended 15 paise lower at 89.45 per dollar on Friday against the previous close of 89.30.
On a weekly basis, the benchmarks logged their third consecutive week of gains, rising around half a per cent.
(ANI)
