Mumbai: The stock markets witnessed an edge in early trading on Friday. The Sensex is trading at a speed of over 114 points. Nifty is also trading at 11,450 points. The Sensex at the Bombay Stock Exchange (BSE) gained 114.64 points, or 0.30 per cent, to 38,954.96.
Similarly, the National Stock Exchange's 50-major index nifty rose 32.45 points, or 0.28 per cent, to 11,481.70. Titan's share in the Sensex was the top gainer. Its share registered a surge of three per cent. While State Bank of India, Maruti, TCS, HDFC Bank, Kotak Bank and ITC also had a bullish trend. On the other hand, HCL Technologies, IndusInd Bank, Nestle India and Asian paints, etc., had a softening trend.
According to brokers, the strong trend in large companies and the inflow of foreign capital affected market sentiments. So, the market is showing an edge. According to preliminary data, foreign portfolio investors bought Rs 838.37 crore on Thursday. In addition, one of the major reasons for the market boom is the consensus on a five-point framework in the talks between External Affairs Minister S Jaishankar and Chinese Foreign Minister Wang Yi to resolve the Indo-China border dispute.
No change in Petrol-Diesel prices
Major change in Gold, silver prices
Stock market closes with tremendous bounce, reliance being top gainer