Mumbai (Maharashtra) [India], May 19 (ANI): Key indices of the home markets made good points as IT, auto and monetary stock surged on Friday. Strong world cues prevailed in the course of the begin of the session as US debt ceiling talks appeared to have a constructive impact on US markets.
BSE 30-share Sensex jumped 298 factors and settled at 61,729.68 and NSE Nifty 50 surged 73.45 factors and ended at 18,203.40 on Friday.
In the broader market, midcap and small cap underperformed in the course of the session.
In Asian markets, Japan’s Nikkei rose 234 factors, Hong Kong’s Hang Seng misplaced 277 factors, China’s Shanghai dropped 13 factors, Thailand Set misplaced 11 factors and Philippine Stock gained 35 factors.
In American markets, Dow Jones went up 115 per cent, Nasdaq, NYSE and SP 500 had been buying and selling within the constructive territory.
In European markets, Amsterdam Exchange, BEL, CAC had been buying and selling within the constructive territory; Deustche Borse gained 118 factors, FTSE 100 surged 34 factors and Madrid SE gained 4 factors.
Rupee prolonged its decline to finish 6 paise decrease towards the US dollar on Friday, registering its worst week in 9, dragged down by a rising buck. Optimism over the US debt ceiling talks additionally pushed up the buck. Brent Crude was up 1.38 per cent at USD 75.69.
Domestic institutional buyers (DIIs) had been the online patrons on Friday with Rs 1071.35 crore. Foreign institutional buyers (FIIs) had been web sellers with an outflow of Rs 113.46 crore.
Among sectors, robust good points had been seen in IT, banking and auto sectors. Nifty IT rallied 1.47 per cent, Nifty Auto gained 0.70 per cent, Nifty Realty added 0.87 per cent, Nifty Private Bank was up 0.45 per cent, Nifty Metal added 0.29 per cent and Nifty PSU Bank gained 0.31 per cent. (ANI)