Stocks

FMCG, healthcare stocks pull Sensex down 57 points

Our Bureau Chennai | Updated on January 15, 2018 Published on April 21, 2017

sensex

The Sensex and Nifty ended lower in a volatile trading session on Friday, ahead of the expiry of futures and options contracts next week, with indexes posting their second straight weekly loss.

The broader NSE index closed down 17 points or 0.19 per cent at 9,119.40, losing 0.34 per cent for the week.

The benchmark BSE index ended 57.09 points or 0.19 per cent lower at 29,365.30, down 0.33 per cent for the week.

Among BSE sectoral indices, FMCG index fell the most by 0.97 per cent, followed by healthcare 0.76 per cent, metal 0.59 per cent and auto 0.41 per cent. On the other hand, realty index remained investors' favourite and was up 2.37 per cent, followed by power 0.28 per cent, capital goods 0.24 per cent and oil & gas 0.17 per cent.

Top five Sensex gainers were HDFC Bank (+2.38%), Reliance (+2.22%), NTPC (+1.83%), Asian Paints (+0.43%) and L&T (+0.39%), while the major losers were Sun Pharma (-2.41%), Cipla (-1.84%), ITC (-1.81%), Adani Ports (-1.72%) and Power Grid (-1.44%).

HDFC Bank Ltd rose as much as 2.52 per cent to a record high after reporting a slightly better-than-expected 18.3 percent rise in quarterly profit.

Global markets appeared largely calm on Friday, the last day of trading before the first round of France's closely fought presidential election, with French bond yields hitting a three-month low and the euro treading water.

A fatal attack on police officers in Paris overnight caused investors some immediate jitters, with the gap between French and German 10-year borrowing costs -- a key indicator of election nerves in recent months -- rising sharply in the first few minutes of trading.

Published on April 21, 2017
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