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MARKET WRAP: Sensex snaps 2-day losing streak, ends 181 pts up; PSBs rally

Among sectors, the Nifty PSU Bank rose the most on Friday, gaining 2.32 per cent led by Syndicate Bank, Punjab National Bank (PNB) and State Bank of India (SBI)

SI Reporter  |  New Delhi 

The domestic equity indices snapped out of a two-session losing streak to settle 0.5 per cent higher on Friday led by a rise in public sector banks and metal stocks. The S&P BSE Sensex ended at 35,695, up 181 points or 0.51 per cent, while the broader Nifty50 index settled at 10,727, up 55 points or 0.52 per cent. On a weekly basis, the S&P BSE Sensex fell 1.05 per cent, while the Nifty 50 declined 1.22 per cent. In the broader market, the S&P BSE MidCap index rose 0.48 per cent or 72 points to end the day at 15,148, while the S&P BSE SmallCap settled at 14,592, up ...

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MARKET WRAP: Sensex snaps 2-day losing streak, ends 181 pts up; PSBs rally

Top sectoral gainers and losers on NSE

MARKET WRAP: Sensex snaps 2-day losing streak, ends 181 pts up; PSBs rally

S&P BSE Sensex: Top gainers and losers

MARKET WRAP: Sensex snaps 2-day losing streak, ends 181 pts up; PSBs rally

Market at close   The S&P BSE Sensex gained 181 points or 0.51 per cent to settle at 35,695 while NSE's Nifty50 index added 55 points or 0.52 per cent to close at 10,727.

MARKET WRAP: Sensex snaps 2-day losing streak, ends 181 pts up; PSBs rally

Page Industries hits 9-month low; down 10% in four days Shares of Page Industries were trading lower for the fourth straight day on Friday. The stock was down 4 per cent at Rs 22,550, hitting nine-month low on the BSE. READ MORE

MARKET WRAP: Sensex snaps 2-day losing streak, ends 181 pts up; PSBs rally

India's October-December sugar output rises 6.7 percent on year as mills start early: trade body Indian sugar mills produced 11.05 million tonnes of the sweetener between Oct. 1 and Dec. 31, up 6.7 percent from a year earlier, as mills started crushing earlier than usual in the western state of Maharashtra, a producers' body said on Friday.   Maharashtra, the country's second-biggest producer, churned out 4.4 million tonnes of sugar during the period, up 14.6 percent from a year ago, the Indian Sugar Mills Association (ISMA) said in a statement. READ MORE

MARKET WRAP: Sensex snaps 2-day losing streak, ends 181 pts up; PSBs rally

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MARKET WRAP: Sensex snaps 2-day losing streak, ends 181 pts up; PSBs rally

3 things that make India's path to becoming fifth largest economy harder India’s economy grew at a faster pace than most major nations in 2018, and this year, it’s poised to overtake the UK to become the world’s fifth-biggest.   But that journey won’t be smooth. The outcome of a general election due by May is a potential pitfall for a nation already battered by emerging market turmoil and a currency rout last year. READ MORE

MARKET WRAP: Sensex snaps 2-day losing streak, ends 181 pts up; PSBs rally

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MARKET WRAP: Sensex snaps 2-day losing streak, ends 181 pts up; PSBs rally

Web Exclusive Is correction in Bank Nifty a buying opportunity? Here's what charts say The Nifty Bank has corrected 1.85 per cent from its recent high of 27,430 in the last four trading sessions whereas the frontline indices Nifty50 and BSE Sensex have fallen over 2.50 per cent during the same window. Both the benchmark indices Sensex and Nifty today breached their Thursday's low of 10,661 and 35,475, respectively. However, Nifty Bank has reversed from yesterday's low of 26,923. Read more

MARKET WRAP: Sensex snaps 2-day losing streak, ends 181 pts up; PSBs rally

Top gainers and losers on S&P BSE Sensex

MARKET WRAP: Sensex snaps 2-day losing streak, ends 181 pts up; PSBs rally

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MARKET WRAP: Sensex snaps 2-day losing streak, ends 181 pts up; PSBs rally

Among sectors, the Nifty PSU Bank rose the most on Friday, gaining 2.32 per cent led by Syndicate Bank, Punjab National Bank (PNB) and State Bank of India (SBI)

The domestic equity indices snapped out of a two-session losing streak to settle 0.5 per cent higher on Friday led by a rise in public sector banks and metal stocks. The S&P BSE Sensex ended at 35,695, up 181 points or 0.51 per cent, while the broader Nifty50 index settled at 10,727, up 55 points or 0.52 per cent. On a weekly basis, the S&P BSE Sensex fell 1.05 per cent, while the Nifty 50 declined 1.22 per cent. In the broader market, the S&P BSE MidCap index rose 0.48 per cent or 72 points to end the day at 15,148, while the S&P BSE SmallCap settled at 14,592, up ...

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