Equity benchmark indices rebounded on Friday after a three-day decline amid escalating geopolitical tensions in the Middle East. Investor sentiments were influenced by positive trends in Asian markets and foreign fund inflows.
rallied 906.52 pts or 1.11 per cent to 82,268.39 as at 1.30 pm, close to day’s high of 82,297.36. Nifty 50 soared 275.65 pts or 1.11 per cent to 25,068.90.
In mid-trading session, midcap index rose 1.01 per cent, while smallcap index gained 0.89 per cent. The volatility index fell 5.85 per cent to 13.42.
Banking, financial & realty stocks outperformed on the sectoral front, trading with 1-2 per cent increase. Meanwhile, Nifty Media index dipped 0.13 per cent.
RBI’s have guided positive momentum.
About 1,807 stocks advanced and 865 declined of all the 2,750 stocks traded on the National Stock Exchange.
Top gainers & losers intraday
Shares of HDFC Life, M&M, Bharti Airtel and Bharat Electronics led the gainers of Nifty 50 with 2-3 per cent uptick.
traded as the major laggard, down by 1.68 per cent. Dr Reddy’s Laboratoris, Bajaj Finance, Maruti, UltraTech and ONGC also dipped to trade in negative range.
Electrotherm (India) and were among the 55 stocks that hit the upper circuit, while 65 stocks hit the lower circuit.
Stocks such as , Aditya Birla Capital, ITD Cementation, Quality Power Electrical Equipments and Hyundai Motor were among 23 stocks that hit 52-week high. Spectrum, Easy Trip and featured among 32 stocks that hit 52-week low.
rallied 8 per cent in midcap index. Premier Energies, NTPC Green, IREDA and Max Health shares soared 3-6 per cent. Among the smallcap basket, BEML rallied over 9 per cent. Kfin Tech, IFCI, CAMS and GRSE soared 4-5 per cent.
On the BSE, shares of , Mishra Dhatu, FCL, RattanIndia, KFin Tech zoomed 6-9 per cent. IIFL Caps, CONCORD Biotech, AstraZeneca, Jupiter Life and Orient Cement declined 4-5 per cent.
remained in focus amid legal feud between Maran brothers. The stock traded 2.73 per cent lower on BSE at ₹596.75.