Top 5 stocks of the day: Adani Enterprises, Tata Steel, IndusInd Bank, Eicher Motors and Infosys were among the top gainers on the Nifty, while losers were Titan Company, Apollo Hospitals, Nestle India, Larsen & Toubro and ITC.
Sensex and NSE Nifty50
The Sensex was up 303.15 points, or 0.51%, at 60,261.18, and the Nifty was up 98.40 points, or 0.55%, at 17,956.60 at the close. Approximately 1944 shares have increased, 1456 shares have decreased, and 137 shares have remained unchanged.
Top 5 stocks of the day: Rupee little changed after three-day rally on inflation jitters
The Indian rupee finished little changed on Thursday following three days of advances, as investors awaited monthly inflation data due after market hours in India and the United States.
The rupee ended the session at 81.55 per dollar, recouping minor losses from the previous closing of 81.5750. After four weeks of range-bound volatility, the euro has gained 1.40% in the previous three sessions.
L&T Tech shares tumble over 6%. Here’s why
L&T Technology Services (LTTS) shares fell 6.4% to Rs 3,405 in early trade on the BSE on Friday after the company agreed to buy its Smart World & Communication division from parent Larsen & Toubro for Rs 800 crore. The deal is estimated to take three months to complete.
According to a BSE filing, this acquisition is part of LTTS’ 6 Big Bets strategy in 5G, sustainability, and digital products and AI.
Gold prices hit record high, dampening demand
Indian gold futures touched a record high on Friday, matching advances in the global market, but the price increase reduced demand in the world’s second largest consumer of the precious metal, according to dealers.
Gold futures in India surged to Rs 56,245 ($691.45) per 10 gramme, breaking the previous high of Rs 56,191 set in August 2020.
Top 5 stocks of the day: Tokyo shares close lower on strong yen
Tokyo stocks fell on Friday as the yen strengthened against the dollar and the shares of Uniqlo operator Fast Retailing fell, weighing on the market. The Nikkei 225 index dropped 1.25 percent, or 330.30 points, to 26,119.52, while the Topix index declined 0.27 percent, or 5.10 points, to 1,903.08.
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