Business

Share markets on Friday: Eighteen out of 30 Sensex stocks closed in the green. Continuing their rising streak for the second straight day, domestic stock markets rose to six-week closing highs on Friday.

Bombay Stock Exchange (BSE) benchmark index Sensex ended at 35,457.16, up 196.62 points or 0.56 per cent from the previous close, and the Nifty50 index of the National Stock Exchange (NSE) rose 65.50 points or 0.62 per cent to settle at 10,682.20.

That marked the highest closing levels for both indices since October 3.

The indices were boosted by a surge in financial and energy stocks amid continued foreign fund inflows and a strengthening rupee.

Here are 10 things to know about Sensex, Nifty trading on Friday:Top gainers on the 50-scrip index Nifty were Bharti Airtel (+9.10 per cent), Eicher Motors (+3.55 per cent), HCL Tech (+3.36 per cent), Bajaj Finance (+3.06 per cent) and Reliance (+2.57 per cent).Eighteen out of 30 Sensex stocks closed in the green.

Prominent gainers in the 30-share Sensex pack were Bharti Airtel (+9.81 per cent), Reliance (+2.79 per cent), HeroMotoCorp (+1.81 per cent), SBIN (+1.75 per cent), HDFC (+1.67 per cent) and HDFC Bank (+1.26 per cent).

Reliance, HDFC and HDFC Bank contributed most to the gains.The rupee ended at 71.92 against the dollar, up 6 paise from the previous close.Positive leads from other Asian markets tracking overnight gains at Wall Street also strengthened investor sentiment in the domestic markets, traders said. Continued capital inflows by foreign funds and retail investors kept market's mood upbeat, they added. Foreign institutional investors (FIIs) accumulated shares worth a net of Rs 2,043.06 crore, while domestic institutional investors (DIIs) sold shares worth Rs 165.31 crore on Thursday, provisional data showed.Shares of Jet Airways extended sharp gains to a second straight session, settling 8.07 per cent higher on the BSE on Friday, following media reports that the debt-laden airline was nearing a rescue deal with conglomerate Tata Sons.Yes Bank shares extended their slide, closing 7.14 per cent lower on BSE, after OP Bhatt, an external expert of the 'Search Selection Committee' set up to find a new CEO to replace Rana Kapoor, who resigned on Thursday.Infosys shares closed 0.90 per cent lower on the BSE.

The software services exporter on Thursday appointed deputy chief financial officer Jayesh Sanghrajka as the interim finance head of the company.Meanwhile, trade deficit in October widened to $17.13 billion due to a higher oil import bill, the country's trade ministry said in a statement on Thursday.Both benchmark indices registered their third weekly gain in a row. (With inputs from agencies)





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