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MARKETS: Financials lift indices; Sensex up 282 pts, Nifty ends at 12,859
All that happened in the markets today
Topics
Gland Pharma | Vodafone | Idea
SI Reporter |
Last Updated at November 20, 2020 16:07 IST
EVENT HIGHLIGHTS
Buying in financial counters such as HDFC Bank, Bajaj Finance, and Bajaj Finserv helped benchmark indices settle over 0.6 per cent higher on Friday.
The S&P BSE Sensex ended at 43,882, up 282 points, or 0.65 per cent while NSE's Nifty ended at 12,859, up 87 points, or 0.68 per cent.
Bajaj Finserv ended as the biggest gainer on Sensex - up over 9 per cent to Rs 8,536.50 while Reliance Industries (down nearly 4 per cent) was the top loser. Of 30 constituents, 23 advanced and 7 declined.
On a weekly basis, Sensex gained 0.5 per cent while Nifty added 0.68 per cent.
In the broader market, the S&P BSE MidCap ended 1.22 per cent higher at 16,436.50 levels while the S&P BSE SmallCap index gained 0.77 per cent to 16,183 levels.
On a weekly basis, Sensex gained 0.5 per cent while Nifty added 0.68 per cent.
In the broader market, the S&P BSE MidCap ended 1.22 per cent higher at 16,436.50 levels while the S&P BSE SmallCap index gained 0.77 per cent to 16,183 levels.
Global markets
World financial markets stalled on Friday as news US Treasury was ending emergency loans programmes dealt a blow to economic recovery hopes just as California announced curfews to try and fight surging coronavirus infections.
In Europe, stocks edged higher as gains in retail and oil shares offset worries about US politics and a stalemate over fresh stimulus measures to support a pandemic-stricken global economy.
In commodities, oil prices were little changed while gold prices were set for a second straight weekly fall as the metal’s appeal came under pressure from promising Covid-19 vaccine trials and news of the US Treasury ending emergency loan programs.
(With inputs from Reuters)
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