NEW DELHI: Equity indices ended higher on Friday using the standard BSE sensex increasing over 300 points amid favorable cues from international markets.
After climbing an intra-day high in 51,529, the 30-share BSE index climbed 308 points or 0.
6 percent to finish in 51,423.
The wider NSE Nifty settled 98 points or 0.
64 percent greater at new record closure of 15,436.
Top gainers from the sensex package comprised Reliance, M&M, HDFC twin, IndusInd Bank and Kotak Bank using their stocks rising up to 5.
85 percent.
Even though Sun Pharma, Bajaj Finserv, Ultra Cemco, Dr Reddy, ICICI Bank and Bajaj Finance have been the Significant winners decreasing around 3.
82 percent.
On the NSE stage, sub-indices Nifty PSU Bank and Financial Services gained up to 0.
67 percent.
According to specialists, falling Covid-19 disease rates in the nation boosted sentiment.
In any case, investors awaited the results of the 43rd GST Council assembly being led by finance ministry Nirmala Sitharaman.
India declared its lowest yearly increase in Covid-19 instances in over a month.
“The best news for the markets and economy is all coming in the Covid-19 information.
This will definitely pave the way to the removal of constraints on economic action,” VK Vijayakumar, chief investment strategist in Geojit Financial Services told news agency Reuters.
Meanwhile, the international institutional investors (FIIs) were net sellers from the funds market since they offloaded stocks worth Rs 660.
90 crore on Thursday, according to provisional exchange statistics.
(With inputs from agencies)
Sensex surges 308 points; Nifty Excels at New record high in 15,436
