Plus   Neg

Sensex, Nifty End Choppy Session Modestly Higher

Indian shares ended a volatile session modestly higher on Friday as financials recovered some ground after steep losses in the previous session.

The benchmark 30-share BSE Sensex rose 86.18 points or 0.22 percent to 39,615.90 while the broader Nifty index ended up 26.90 points or 0.23 percent at 11,870.65.

Positive global cues helped underpin sentiment, a day after both benchmark indices posted their biggest one-day drop this year on disappointment over a lower-than-expected rate cut and the lack of any specific measures to address the liquidity crisis faced by NBFCs.

BPCL, SBI, Bajaj Finance, Infratel and IndusInd Bank rose around 2 percent while JSW Steel, Power Grid Corp, Cipla, Yes Bank and Dr Reddy's Laboratories dropped 2-3 percent.

Global cues were positive as optimism prevailed about a possible trade deal between the U.S. and Mexico and the prospect of more stimulus on both sides of the Atlantic.

For comments and feedback contact: editorial@rttnews.com

Market Analysis

Follow RTT