Sensex, Nifty rebound on fag-end buying; auto, tech shares advance
The Hindu
Equity benchmark indices Sensex and Nifty rebounded on Friday to close with marginal gains
Equity benchmark indices Sensex and Nifty rebounded on Friday to close with marginal gains due to fag-end buying in auto, IT and tech shares amid weak global trends.
After remaining in the negative territory for most part of the session, the 30-share BSE Sensex climbed 72.48 points or 0.11% to settle at 64,904.68. During the day, it fell 251.25 points or 0.38% to 64,580.95.
The Nifty went up by 30.05 points or 0.15% to 19,425.35.
Among the Sensex firms, NTPC, Tech Mahindra, UltraTech Cement, Bajaj Finance, ITC, Bajaj Finserv, Axis Bank and Power Grid were the major gainers.
On the other hand, Mahindra & Mahindra, HCL Technologies, Titan and IndusInd Bank were among the laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled lower.
European markets were quoting in the negative territory. The U.S. markets ended lower on Thursday.
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