Stock Market Today: Nifty, Sensex Snap Six-Week Losing Streak; Wipro, Eternal Top Gainers
Infosys and HDFC Bank Ltd. were top contributors to the NSE Nifty 50 and Reliance Industries Ltd. and Tata Steel Ltd. were top detractor in the NSE Nifty 50 index.
KEY HIGHLIGHTS
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Closing Bell: Nifty, Sensex Extend Gains To Second Session
Bechmarks marginally outperformed broader market Indices for the week.
Benchmarks gain nearly 1% for the week.
Nifty snaps 6 week losing streak, led by Apollo Hospital, Eternal and Cipla.
Alkem Labs and One 97 Communication gains the most in Nifty Midcap 150.
JM Financial and NMDC steel gain the most in Nifty Smallcap 250.
Nifty Pharma gain nearly 3.5% for the week, emerges as the top gaining sector for the week.
Alkem labs, Zydus Lifesciences gain the most in Nifty Pharma.
All sectoral indices gain in trade barring Nifty FMCG
Nifty IT snaps 5 week losing streak.
Nifty Financial services, Bank, PSU Bank, Pharma snaps 2 week losing streak.
Nifty Auto, Media, FMCG and Metals gains for the 2nd consecutive week .
Nifty Realty, Oil and Gas snaps 3 week losing streak.
Rupee Closes Stronger Against US Dollar
Rupee closed 11 paise stronger at 87.55 a dollar
It closed at 87.44 a dollar on Wednesday.
Source: Cogencis
Stock Market LIVE: Shipping Corp Gets Favourable Tax Order From CESTAT, Mumbai
Shipping Corp of India received favourable order from CESTAT, Mumbai for tax order. It expects reduction of Rs 146 crore comprising principal demand of Rs 49.44 crore and interest order of Rs 96.56 crore.
Stock Market LIVE: RVNL Gets Order Worth Rs 90.64 Crore
Rail Vikas Nigam Ltd. received letter of award worth Rs 90.64 crore project from Southern Railway, the exchange filing said.
