Home Business Sensex ends 30 points lower at 58,191, Nifty falls 17 points to...

Sensex ends 30 points lower at 58,191, Nifty falls 17 points to close at 17,314

New Delhi:

Benchmark indices Sensex and Nifty closed marginally lower in volatile trade on Friday after profit-booking in financial and IT stocks amid a weak trend in global equity markets.

Breaking the two-day gain, the 30-share BSE Sensex closed 30.81 points or 0.05 per cent lower at 58,191.29. During the day, it closed at 57,851.15, down 370.95 points or 0.63 per cent.

The broader NSE Nifty closed at 17,314.65, down 17.15 points or 0.10 per cent.

Mahindra & Mahindra, UltraTech Cement, State Bank of India, Tata Consultancy Services, Bajaj Finance and ITC were among the laggards in the Sensex stocks.

On the other hand, Titan, Power Grid, NTPC, Maruti, IndusInd Bank and Asian Paints were among the winners.

Elsewhere in Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong closed lower.

Stock exchanges in Europe were trading on a mixed note in mid-session deals. On Thursday, the US markets closed with a fall.

“Before the release of US jobs data, the domestic market traded with cuts in line with their global counterparts. Stronger job data than anticipated could push the market down as it forces the Fed to focus more on inflation. That could be the reason, said Vinod Nair, head of research at Geojit Financial Services.

Meanwhile, international oil benchmark Brent crude futures rose 0.48 per cent to $94.87 per barrel.

According to data available with BSE, foreign institutional investors were net buyers as they bought shares worth Rs 279.01 crore on Thursday.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

RELATED ARTICLES

Here’s Why Maruti Is Not Joining The EV Race

<!-- -->Over the weekend, I was reading a blog by one of my favorite authors, Morgan Hosel. I came across an interesting conversation...

PSU stocks in limelight as BHEL, PFC and REC hit record highs

<!-- -->Railway stocks rallied as they would benefit from increased government spending. (File)New Delhi: There is a boom in the shares of public...

sebi cuts the deadline for dividend payment to mutual fund unit holders

<!-- -->SEBI cuts the timeline for dividend payment by AMCs to unit holders. (File)New Delhi: Capital markets regulator Securities and Exchange Board of...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Lionel Messi On Target As Argentina Beat Mexico To Keep World Cup Hopes Alive | football news

Lionel Messi helped keep Argentina's World Cup bid alive with the first goal in a 2-0 victory over Mexico on Saturday. Defeat to...

The United Nations condemned the cruel punishments, the Taliban got angry, said ‘insult to the religion of Islam’

United Nations On Physical Punishment: A few weeks back a woman in Afghanistan had hanged herself to avoid punishment by the Taliban. The...

Baloch terrorists threatened Pakistan police, officers retreated from six police stations

Islamabad : A gang of dreaded criminals under the umbrella of a banned terrorist group in Pakistan on Friday threatened to attack six police...

Kylian Mbappe Double Sinks Denmark, Takes France Into World Cup Last 16 | football news

Kylian Mbappe scored twice, including a late winner, as holders France edged Denmark 2-1 on Saturday to become the first team to reach the...

Recent Comments