The Sensex and Nifty benchmarks traded within a narrow range on Friday seeking support from firm global cues. The S&P BSE Sensex closed 462 points, or 0.88 per cent, higher at 52,728. The Nifty50, meanwhile, ended at 15,699, up 143 points or 0.92 per cent.
Top Gainers & Losers
Auto, banking, and FMCG stocks took the centre stage today as easing commodity prices eased input cost and credit off-take pressures. M&M, IndusInd Bank, Bajaj Finance, Hero MotoCorp, HUL, ICICI Bank, Britannia Industries, ONGC, Shree Cement, JSW Steel, Eicher Motors, Tata Consumer Products, Hindalco, and HDFC Bank rose between 1.5 per cent and 4.4 per cent to settle as top Nifty gainers.
On the downside, Tech M, Infosys, Apollo Hospitals, TCS, NTPC, HCL Tech, and Coal India ended as top laggards.
Broader Markets
In the broader markets, the BSE MidCap and SmallCap indices were also in the positive territory, rising up to 1 per cent.
Sectorally, all pockets sat firmly in green. Gains were led by Nifty bank, financials, private bank and media. Realty, auto, IT, FMCG, pharma were other notable gainers. The market breadth was also extremely positive with the advance-decline ratio at 4.8:1.
Among stocks, DCM Shriram rose 2 per cent. Its board has approved to invest up to Rs 65 crore for a 26 per cent stake in a special purpose vehicle, which will be formed to set up a wind-solar hybrid renewable power project.
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