ALSO READNifty ends below 10,500, Sensex down nearly 300 pts; PSU bank index dips 2% Sensex ends 141 pts higher, Nifty settles at 10,397 levels; IT stocks rise Indices end flat on F&O expiry; Sensex down 25 pts, Nifty below 10,400 Sensex ends up 295 pts, Nifty above 10,500; Realty, Pharma, Metals gain Sensex ends below 36000, Nifty marginally lower as LTCG tax proposed
Nifty Pharma index ends 2.6% higher Nifty Metal index ends 3.2% higher Sectoral Trends BSE Sensex gainers and losers Market at close The S&P BSE Sensex ended at 34,142, up 323 points while the broader Nifty50 index settled at 10,491, up 108 points. Sun Pharma turns volatile after three observations for Halol facility Sun Pharmaceutical Industries has turned volatile, trading 3.5% higher at Rs 561 on the BSE at 02:34 pm, after the company said the US Food and Drug Administration (USFDA) issued Form 483, with three observations, for its Halol facility in Gujarat. READ MORE
Among sectoral indices, the Nifty Metal index ended nearly 3% higher on Friday led by a rise in the shares of Jindal Steel & Power, Tata Steel and National Aluminium Company. The Nifty Pharma index also ended over 2.5% higher led by suge in the stocks of Sun Pharmaceutical Industries and Divi's Laboratories.
In the global markets, Asian shares rebounded on Friday as comments from a Federal Reserve official eased worries about faster rate rises in the United States, while the dollar ticked higher as investors dipped their toes back into riskier assets.
MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 0.9 per cent on Friday to add on to the previous week’s 3.9 per cent gain.
Japan’s Nikkei rose 0.7 per cent.
On Wall Street, the Dow added 0.7 per cent, the S&P 500 ended a tad firmer while the Nasdaq lost 0.11 per cent.
(with Reuters inputs)