As it stated in In the Nifty index, 23 stocks settled in the green, while 27 in the red. NEW DELHI: Titan Company, BPCL, Bajaj Finance, Infosys, Reliance Industries and Indian Oil Corporation emerged as the top gainers in the Nifty index on Friday.On the contrary, Zee Entertainment Enterprises, Bharti Infratel, Axis Bank, ONGC, Grasim Industries and ITC finished the day as the top losers in the Nifty pack of stocks.Domestic market ended Friday's session on a flat note, snapping five-session winning streak, as gains in Reliance Industries, HDFC twins, Infosys and Kotak Mahindra Bank were offset by losses in ITC, ICICI Bank, Axis Bank and State Bank of India.The risk appetite received a blow by weak macro numbers released on Thursday that highlighted an uptick in headline inflation and a slump in industrial production. Sensex closed 7 points, or 0.02 per cent, down at 36,542, while Nifty settled 4 points, or 0.04 per cent, down at 11,019.For the week, however, Sensex rose by 2.48 per cent, while Nifty climbed by 2.29 per cent.In the Nifty index, 23 stocks settled in the green, while 27 in the red.Barring Nifty IT, all sectors closed the day with losses. Nifty Media index fell by 3.56 per cent, emerging as the top loser among the sectoral indices.Nifty IT climbed 0.13 per cent, backed by gains in Infosys, Wipro and Tata Consultancy Services.
collected by :Molly Tony
Bank stocks: Stock market update: Bank stocks suffer losses; BoB, PNB, SBI fall up to 3%
Barring Nifty IT, that was marginally up, all sectors were under pressure. NEW DELHI: Most bank stocks , including Bank of Baroda (down 3.14 per cent), Punjab National Bank (down 2.23 per cent) and IDFC Bank (down 2.04 per cent) were witnessing heavy selling during morning trade on Friday, consequently, dragging the sectoral index down.The Nifty Bank index was trading 0.27 per cent down at 26,955 around 10:35 am.Shares of State Bank of India (down 1.71 per cent), Axis Bank (down 1.34 per cent), ICICI Bank (down 1.29 per cent), YES Bank (down 1.29 per cent), Federal Bank (down 1.13 per cent), RBL Bank (down 0.59 per cent) and IndusInd Bank (down 0.36 per cent) too came under pressure.However, Kotak Mahindra Bank (up 1.09 per cent) and HDFC Bank (up 0.56 per cent) were still holding up.Market erased the gains of the opening session on fresh selling in bank, oil, auto and FMCG stocks.Weak macro triggers turned investors cautious even as global cues were firm.On Thursday, government data showed that the retail inflation accelerated to a five-month high of 5 per cent in June compared to 4.87 per cent in May, while industrial production moderated to 3.2 per cent in May compared to 4.9 per cent in April.Barring Nifty IT, that was marginally up, all sectors were under pressure.Benchmark NSE Nifty50 index was down 7 points at 11,016, while the BSE Sensex was up 17 points at 36,565.Among the 50 stocks in the Nifty index, 18 were trading in the green, while 32 were in the red.Stock market update: Titan, Whirlpool keep consumer durables index up
as declared in Reliance Industries, Maruti Suzuki and Coal India were among the top gainers in the Sensex index. NEW DELHI: Gains in Titan Company (up 2.99 per cent), Blue Star (up 0.92 per cent) and Whirlpool of India (up 0.72 per cent) were keeping the consumer durables index up during Friday's trade.The BSE Consumer Durables index was trading 0.81 per cent up at 19,744 around 02:25 pm.However, Voltas (down 1.97 per cent), Crompton Greaves Consumer Electricals (down 1.38 per cent), VIP Industries (down 1.06 per cent), TTK Prestige (down 0.84 per cent), Symphony (down 0.58 per cent) and PC Jeweller (down 0.45 per cent) were the losers in the index around the same time.Benchmark BSE Sensex was flat at 36,547, while the NSE Nifty50 index was down 13 points at 11,011.Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red.In the Sensex index, 16 stocks were advancing, while 15 were declining.Reliance Industries, Maruti Suzuki and Coal India were among the top gainers in the Sensex index.On the other hand, Axis Bank, ONGC and ICICI Bank were leading among the Sensex losers.collected by :Molly Tony
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