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Closing Bell: Sensex Ends 38 Points Higher, Nifty Settles Near 11,575

Domestic Equity Benchmarks Sensex And Nifty Settled A Tad Higher After A Choppy Session On Friday Amid Mixed Domestic Cues

News Nation Bureau | Edited By : Assem Sharma | Updated on: 25 Oct 2019, 04:18:23 PM
Closing Bell: Sensex ends 38 points higher, Nifty settles near 11,575

New Delhi:

Domestic equity benchmarks Sensex and Nifty settled a tad higher after a choppy session on Friday amid mixed domestic cues. The 30-share Sensex swung over 523 points before settling 37.67 points, or 0.10 per cent, higher at 39,058.06. It hit an intra-day high of 39,241.61 and a low of 38,718.27.

The broader NSE Nifty closed at 11,583.90, up by just 1.30 points or 0.01 per cent. Yes Bank was the top gainer in the Sensex pack, followed by SBI which rallied 7.19 per cent after the lender reported a nearly six-fold jump in its consolidated net profit for the second quarter ended September.

ICICI Bank, Sun Pharma, TCS, HCL Tech, Maruti, Bharti Airtel and Infosys too rose up to 3.18 per cent. On the other hand, Tata Motors, Vedanta, HDFC, Kotak Bank, Hero MotoCorp and NTPC tumbled up to 4.87 per cent.

In the previous session on Thursday, the 30-share Sensex ended 38.44 points, or 0.10 per cent, lower at 39,020.39. The broader NSE Nifty slipped 21.50 points, or 0.19 per cent, to 11,582.60.

According to experts, mixed news flow on the domestic front is likely to keep the market volatile throughout the day.

Supreme court's to allow the Centre to recover dues of about Rs 92,000 crore from telcos has shaken the telecom companies, as well as their lenders like private and public banks, said Shrikant Chouhan, Senior Vice-President, Equity Technical Research, Kotak Securities.

Elsewhere in Asia, bourses in Shanghai, Hong Kong, Tokyo and Seoul ended on a mixed note. Equites in Europe were trading in the red in their respective early deals. Meanwhile, the Indian rupee appreciated 12 paise to 70.90 against the US dollar intra-day. Brent crude futures, the global oil benchmark, slipped 0.18 per cent to USD 61.56 per barrel.

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First Published : 25 Oct 2019, 03:45:52 PM