Key benchmark indices snapped a four-day losing trend and closed higher on the weekend Friday, amid volatility led by gains in pharma and realty stocks. Broader markets, smallcap and midcap indices outperformed the benchmarks.
At close, BSE Sensex closed the day at 52484.67 points, while the NSE Nifty50 index closed above 15,700 points. Bnk Nity outperformed with Private Bank, PSU Bank, Media, and Financial Services indexes all gaining 0.4-0.63 percent. Gland Pharma, Divis Labs, ICICI Bank, Reliance Industries, and Coal India were among the top gainers on the Nifty. Top losers were Tata Steel, Britannia Industries, JSW Steel, Power Grid Corp, and Hindalco.
The top Sensex losers were TCS, Infosys, and Tata Steel, while ICICI Bank and Reliance Industries gained the most
The broader Nifty and Bank Nifty indexes ended the day 0.3 percent higher. Midcap stocks outperformed the market. On the Nifty 50 index, Tata Steel, Britannia, JSW Steel, and Power Grid were among the losses. Divis, Dr. Reddy's, and Torrent Pharma have all hit new one-year-high highs; Lupin and Aurobindo are also up.
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