INSUBCONTINENT EXCLUSIVE:
Share markets on Friday: Twenty one out of 30 Sensex stocks closed in the green.
Domestic stock
markets registered sharp gains on Friday, breaking a three-day falling streak, in line with global equities amid sliding crude prices and a
Bombay Stock Exchange (BSE) benchmark index Sensex settled at 35,673.25, up 361.12 points or 1.02 per cent from the previous close, and the
Nifty50 index of the National Stock Exchange (NSE) fell 99.90 points or 0.94 per cent to end at 10,701.05
Kotak Mahindra Bank shares closed nearly 9 per cent higher, after reports that Berkshire Hathaway was planning to pick up a stake in the
Here are 10 things to know about Friday's trading session:Banking, financial services, auto and FMCG stocks led the
gains.Thirty three out of the 50 stocks on the Nifty closed in the positive zone, with Kotak Mahindra Bank (+8.84 per cent) being the top
Mahindra Bank (+8.53 per cent), Adani Ports (+2.71 per cent), Bajaj Auto (+2.23 per cent), Infosys (+1.92 per cent) and Asian Paints (+1.82
Hathaway Inc was planning to pick up stake in the private sector lender
positive cues from Asian and European peers on upbeat global growth prospects
Federal Reserve Chairman Jerome Powell signalled that the three-year tightening cycle was drawing to a close, and International Monetary
agreement to reduce output
Brent crude, the international benchmark, dipped to below $60 a barrel.The government said it is hopeful that OPEC producers will keep in
mind consumers' interests before deciding to cut crude oil production.On the other hand, software services firm HCL Technologies plunged
after the IT company agreed to buy some software assets from International Business Machines (IBM) for $1.80 billion
Shares of the company settled 4.98 per cent lower on the BSE.On a net basis, foreign portfolio investors (FPIs) bought shares worth Rs 72.47
crore, while domestic institutional investors (DIIs) sold equities to the tune of Rs 389.78 crore on Thursday, provisional data available
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