Equity indices end with marginal gains, capital goods stocks up

Dr. Reddy’s Laboratories (down 4.13 per cent), Glenmark Pharmaceuticals (down 3.28 per cent), Cadila Healthcare (down 1.79 per cent) and Sun Pharmaceutical (down 1.45 per cent) were the top losers of the index.

The Dalal Street opened in green on Friday’s trading session with Sensex trading at 31,739.06 above 77 points or 0.24% and Nifty at 9,958 higher by 28 points or 0.28%.

On BSE, 1,286 stocks were advancing whereas 846 stocks were lagging.

Indian equities ended flat on Friday.

Both indexes, however, ended the week lower, snapping a third weekly run of gains. The Taiwan TSEC 50 Index closed higher by 71.44 points.

In terms of broader market indices, the S&P BSE mid-cap index fell by 0.44 per cent and the small-cap index by 0.08 per cent.

Analysts at Motilal Oswal said, “Sectors like financials, metals and auto continueto look positive. The global uncertainties are not completely out of the wood but the degree of threat is narrowing which will keep the long term outlook intact”. – Rupee pares early gains, still up 16 paise vs USD – The rupee pared some its initial gains to trade at 63.89 per dollar, up by 16 paise, in late morning deals on sustained bouts of dollar selling from banks and exporters amid weak dollar overseas.

Spicejet topped the value chart on the BSE with a turnover of Rs. 1,011.05 million.

Major Sensex gainers on Friday were: Larsen and Toubro, up 4.07 per cent at Rs 1,172.30; Bharti Airtel, up 1.45 per cent at Rs 403.20; Kotak Bank, up 1.22 per cent at Rs 1,007.60; HDFC Bank, up 0.98 per cent at Rs 1,788; and ITC, up 0.78 per cent at Rs 272.45.

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