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NEW DELHI: Indian benchmark indices BSE Sensex and Nifty50 closed on a positive note on Friday, with notable gains in banking and automobile sectors as the year drew to a close.
BSE Sensex ended at 78,699.07, rising by 226.59 points or 0.29 per cent, whilst the NSE Nifty was up by 63.20 points or 0.27 per cent to reach 23,813.40.
Among the 30 major companies, the strongest performers included Mahindra & Mahindra, IndusInd Bank, Bajaj Finance, Tata Motors, Bajaj Finserv, Nestle and ICICI Bank.
Similarly, State Bank of India, Tata Steel, Adani Ports, Zomato, UltraTech Cement and HCL Tech were major laggards.
The market commenced with slight gains, particularly in financial stocks, displaying modest upward movement despite limited market drivers.
By 9:16 am, the Nifty 50 reached 23,848.30 points, while the BSE Sensex touched 78,783.96. During trading hours, it increased by 570.67 points or 0.72 per cent to 79,043.15.
At the trading commencement, twelve out of thirteen key sectors showed improvement, with the financial sector leading at 0.5 per cent growth. Domestic-focused small-cap and mid-cap stocks also increased by approximately 0.3 per cent each.
According to exchange data, Foreign Institutional Investors (FIIs) sold shares worth Rs 2,376.67 crore during Thursday’s trading session.
In Asian markets, whilst Tokyo and Shanghai showed positive results, Seoul and Hong Kong experienced declines. The international crude oil benchmark, Brent, saw an increase of 0.18 per cent, reaching $73.39 per barrel.
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