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Sensex, Nifty close in green; Intellect Design jumps 14 per cent, Aarti Drugs gains 10 per cent, Future Group stocks plunge

Geyatee Deshpande
/ Categories: Mindshare
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Sensex, Nifty close in green; Intellect Design jumps 14 per cent, Aarti Drugs gains 10 per cent, Future Group stocks plunge

Bulls made a comeback at D-Street as domestic benchmark indices snapped their 5-day losing streak to end the week in the positive territory. On Friday, Sensex surged by 641.72 points or by 1.30 per cent, to close at 49,858.24 levels while Nifty jumped by 186.15 points or 1.28 per cent to settle at 14,744 levels. 

A drop in the US Treasury yield and an upgrade of GDP growth by Moody's for India boosted domestic investor sentiments. Gains in FMCG and metal stocks helped to push the indices into the positive territory on Friday. 

In the global markets, uncertainty about the inflation outlook had triggered another round of bond market sell-off, pressuring equities. 

Asian indices declined after US-China worries dented the risk appetite of investors, causing a selling spree. Indices such as Shanghai Composite index, Hang Seng, Nikkei, and KOSPI tumbled 1.69 per cent, 1.41 per cent, 1.41 per cent and 0.86 per cent, respectively. 

In the European markets, indices such as FTSE 100, DAX, and CAC 40 were seen trading down by 0.62 per cent, 0.45 per cent, and 0.58 per cent, respectively.  

Sensex gainers included NTPC that surged 4.58 per cent, HUL climbed 4.44 per cent, Power Grid gained 4.18 per cent, RIL increased by 3.60 per cent, ITC rose by 2.62 per cent, UltraTech Cement inched higher by 2.38 per cent, HCL Technologies went up by 1.51 per cent, etc. 

Sensex losers were made up of Larsen & Toubro that plunged 1.20 per cent, Tech Mahindra fell by 0.69 per cent, Bajaj Auto decreased by 0.40 per cent, Titan Company declined by 0.29 per cent while Maruti Suzuki closed down by 0.03 per cent. 

Amongst sectoral indices on BSE, the Power index was the biggest gainer, up by 3.25 per cent while the Realty index was the biggest loser, declining by 0.55 per cent. BSE Small-Cap index and BSE Mid-Cap index gained 0.41 per cent and 1.35 per cent, respectively. 

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