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Sensex Today: India equity indices, the BSE Sensex and NSE Nifty, ended the week’s last trading session on a flat note. The 30-share Sensex shed 71.77 points or 0.09 per cent to settle at 82,890.94, while the Nifty 50 ended 32.40 points or 0.13 per cent lower at 25,356.50.
32 out of 50 constituent stocks ended in the negative territory, dragged by SBI Life, Adani Ports, HDFC Life, ITC, and Coal India with losses of up to 1.65 per cent, while Wipro, Bajaj Finance, Bajaj Finserv, and Grasim led the gains of up to 3.78 per cent on Friday.
From the BSE space, Adani Ports, ITC, Bharti Airtel, NTPC, and Maruti Suzuki India were the top laggards among the 19 constituent stocks of the Sensex that ended in the red, while Bajaj Finserv, Bajaj Finance, and IndusInd Bank were the top gainers among the 11 stocks that settled with gains on Friday.
Global Cues
Overnight, Wall Street eked out gains and gold surged to a record high on Thursday as investors awaited a Federal Reserve interest rate cut next week.
Major US stock indexes spent much of the day in mixed territory before closing higher, after a rate cut from the European Central Bank and slightly hotter-than-expected US producer prices kept outlooks locked on a modest Fed rate cut at its policy meeting next week.
At closing, the Dow Jones Industrial Average was up 0.58 per cent, the S&P 500 was up 0.75 per cent, and the Nasdaq Composite was up 1 per cent on the back of strong tech stock performance.
However, markets in the Asia-Pacific region mostly fell on Friday morning. South Korea’s Kospi was flat, while the small cap Kosdaq was marginally lower.
Japan’s Nikkei 225 fell 0.43 per cent, and the broader Topix was also down 0.58 per cent.
Australia’s S&P/ASX 200 was the outlier and gained 0.75 per cent, nearing its all-time high of 8,148.7. Hong Kong’s Hang Seng index futures were at 17,294, higher than the HSI’s last close of 17,240. Futures for mainland China’s CSI 300 stood at 3,176, just slightly higher than the index’s last close, a near six-year low of 3,172.47 on Thursday.
