Domestic benchmark indices BSE Sensex and the National Stock Exchange Nifty 50 surged on Friday after China and the United States agreed to resume trade talks next week, and the Turkish lira extended gains from its record lows, reported Mint. The Sensex gained 284.32 points to finish at 37,947.88, while the Nifty reached a record high of 11,470.75 points, surging 85.70 points.
The top gainers on the Sensex were Yes Bank, State Bank of India, Vedanta, Hindustan Unilever and Tata Motors. On the Nifty, the stocks which gained the most were Grasim, Yes Bank, Lupin, State Bank of India and Vedanta.
The biggest loser on the Sensex was Hero Motocorp, followed by ONGC, Maruti Suzuki, Coal India and HDFC. The stocks which declined the most on the Nifty were GAIL, Hero Motocorp, Eicher Motors, ONGC and Maruti Suzuki.
Other Asian markets, with the exception of the Shanghai SE Composite Index, also rose on Friday. The Hong Kong Hang Seng surged by over 113 points, and Japan’s Nikkei 225 by over 78 points. The Australia ASX All Ordinaries market rose by 13 points, and the Taiwan index by over seven points.
The Indian foreign exchange markets were closed on Friday on account of Parsi New Year. The rupee closed at 70.14 against the US dollar on Thursday evening, after falling below 70 for the first time on Tuesday.
Buy an annual Scroll Membership to support independent journalism and get special benefits.
Our journalism is for everyone. But you can get special privileges by buying an annual Scroll Membership. Sign up today!