Nifty PSU Bank ends 0.90% up. Top gainers: COMPANY LATEST PREV CLOSE GAIN() GAIN(%) PUNJAB NATL.BANK 102.15 97.00 5.15 5.31 ALLAHABAD BANK 53.50 51.70 1.80 3.48 ANDHRA BANK 45.40 44.20 1.20 2.71 ORIENTAL BANK 98.90 97.05 1.85 1.91 BANK OF INDIA 113.10 111.10 2.00 1.80 Nifty Pharma ends 1.35% higher. Top gainers: COMPANY LATEST PREV CLOSE GAIN() GAIN(%) PIRAMAL ENTERP. 2663.90 2540.40 123.50 4.86 AUROBINDO PHARMA 619.40 599.15 20.25 3.38 LUPIN 809.05 786.70 22.35 2.84 GLENMARK PHARMA. 563.60 556.55 7.05 1.27 SUN PHARMA.INDS. 512.60 507.55 5.05 0.99 BSE Sensex gainers and losers of the day Market at close The S&P BSE Sensex ended at 33,627, up 30 points while the broader Nifty50 index settled at 10,331, up 6 points. News Watch RCom gets tribunal nod for tower, fibre business sale Reliance Communications Ltd (RCom) said on Friday it received the National Company Law Appellate Tribunal's (NCLAT) approval to proceed with the sale of its tower and fibre business. READ MORE Impact on stock: Gold hits over two-week low as dollar firms ahead of US jobs data Gold prices hit over two-week lows on Friday, ahead of the US payrolls data later in the day, weighed down by a firmer dollar even as President Donald Trump re-ignited trade war fears by proposing $100 billion in new tariffs on China. READ MORE
Trump said on Thursday that he had directed US trade officials to identify tariffs on $100 billion worth additional Chinese imports, escalating the dispute between the world’s two largest economies.
Back home, the Reserve Bank of India (RBI) on Thursday adopted a remarkably dovish tone, surprising analysts who were expecting the firming up of rates in the medium term, even as one of the six members in the Monetary Policy Committee (MPC) voted for a hike in an otherwise status quo policy.
(with wire inputs)