Domestic equities climbed higher on Friday snapping its six-day losing streak, tracking rise in global markets and fall in bond yields. BSE benchmark Sensex jumped 634.65 points, or 1.01 per cent to 63,782.80, while broader NSE Nifty50 gained 202.45 points, or 1.07 per cent to 19,059.70.
Maruti Suzuki hit its all-time high of Rs 10,846.10 in today’s intraday session after the country’s top automaker posted an 80 per cent jump in its net profit to Rs 3,717 crore. The stock closed at Rs 10.540.25 on BSE.
Cipla jumped over 2 per cent today to Rs 1,176 after the pharmaceutical company posted 45 per cent jump in its net profit to Rs 1,156 crore.
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Axis Bank, Coal India, SBI, HCLTech, NTPC, Tata Motors, Nestle India, Reliance Industries, Infosys, L&T, IndusInd Bank, and ONGC were the top gainers in today’s session.
In the 30-share Sensex pack, only ITC, UltraTech Cement, and Asian Paints closed on a negative note.
All sectors closed in green, as PSU Bank climbed 4.25 per cent, media gained 2.61 per cent, realty jumped 1.75 per cent, auto jumped 1.43 per cent, and oil & gas gained 1.37 per cent.
Except for India Vix, all broader market indices closed in green. Nifty Next 50 jumped 2.03 per cent, Nifty Smallcap 100 rose 2.02 per cent, Nifty Microcap 250 jumped 2.43 per cent, Nifty Midcap 100 climbed 1.59 per cent, and Nifty Midcap 50 rose 1.39 per cent.