Categories: Business

Sensex Snaps 4-day loss lines, ending 166 points higher

Mumbai: Photographing lost four sessions, the benchmark of Sensex’s equity jumped 166 points on Friday, led by profits in the Reliance Industries index index, ICICI Bank and HDFC.
After trading within reach throughout the day, the 30-Share BSE index ended 166.07 points or 0.32 percent higher at 52,484.67.
Similarly, the wider NIFTY NIFTY rose 42.20 points or 0.27 percent rising at 15,722.20.
Reliance Industries is the top enhancer in the sensex package, up more than 1 percent, followed by ICICI Bank, SBI, HDFC, M & M, AXIS Bank, Bajaj Finance, Titan and InfoSys.
On the other hand, Tata Steel, PowerGrid, Cat Asia, Sun Pharma and Bajaj Auto are among slow.
“Domestic equity continues to trade in a series with the benchmark index witnessing a marginal increase,” said Binod Modi, Head – Strategy on Sekuritas Reliance.
While finance, pharmaceutical and realty index recovered simply, ordering earnings look across the metal and FMCG counter, he said, adding that the MIDCAP and SmallCap index continued to outperform as an increase in income visibility to this space.
Elsewhere in Asia, the stock exchange in Shanghai, Hong Kong and Seoul closed in red, Tokyo ended with profit.
Equity in Europe is traded on a positive tone on the offerings in intermediate sessions.
Meanwhile, Benchmark International Oil Brent Crude quoted slightly lower at $ 75.79 per barrel.

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