Stock Market Today: Sensex, Nifty Reverse Two-Week Losses; Rate Cut Boosts Nifty Bank To Record High

• Nifty gains more than 1% for the week, led by Eternal and Shriram Finance.

• Sensex gains nearly 1% for the week.

• Broader Market Indices outperformed Benchmark Indicies.

• Nifty, Sensex snaps two weeks losing streak.

• Nifty Midcap 150 and Smallcap 250 gain more than 2.5% each.

• Cochin Shipyard gains more than 20% for the week.

• Cochin Shipyard and FACT are the top gainers in Nifty Midcap 150.

• Astrazeneca Pharma and Brigade Enterprises are the top gainers in Nifty small cap 250.

• Nifty Midcap 150 gains for the second consecutive week.

• Nifty small cap 250 gains for the fourth consecutive week.

• Nifty Realty gains more than 9% for the week, becomes the top performing sector for the week.

• Nifty Realty, Financial Services, Nifty Bank, PSU Banks gains for the fourth consecutive week.

• Nifty Metal gains more than 2% for the week, gains for the third consecutive day.

• Nifty Auto, IT, FMCG snaps two week losing streak.

• Nifty gains for the second week in a row.

• Nifty snaps 4 week losing streak.

• Rupee closed 16 paise stronger at 85.64 against US Dollar

• It closed at 85.80 a dollar on Thursday.

Source: Bloomberg

Bajaj Holdings & Investment sold 1.04 crore equity shares of Bajaj Finserv for Rs 2,002 crore via block deal, the company said in the exchange filing.

Larsen & Toubro Ltd. announced India’s first listed environmental social governance bond deal in partnership with HSBC, the company said in the exchange filing.

Housing & Urban Development Corp will raise funds through non-convertible debentures. The board approves to raise upto Rs 750 crore in bonds with 6.52% coupon.