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Sensex rallied by 226.79 pts

| @indiablooms | Jan 24, 2020, at 08:46 pm

Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) rallied further by 226.79 points to end strong at 41,613.19 on Friday.

The National Stock Exchange (NSE) too rose by 67.90 points to 12,248.25 and Nifty registered days high and low at 12,272.15 and 12,149.65 points respectively.

The day opened on a weak note at 41,377.04, easing by 9 points. It fell by 111 points to 41,275.60, day low. Later, it bounced back by nearly 311 points to 41,697.03 day high before closing at 41,613.19, advancing by 226.79 points from its last close.

The sectoral indices like Materials, Industrials, FMCG, Metal and Realty kept the market firm for another day today. In scrips, Tech Mahindra, L & t, Axis Bank and Kotak Bank surged while selling in Power grid, IndusInd Bank, Sun Pharma and TCS capped from further gain, broker informed.

In the wider market, the S&P BSE Mid-Cap index rose 0.77 pc while the S&P BSE Small-Cap index added 0.50 pc.

The market breadth favored the buyers. On the BSE, 1394 shares rose and 1133 shares fell. A total of 175 shares were unchanged. In Nifty 50 index, 36 stocks advanced while 14 stocks declined.

European shares advanced while most Asian shares ended higher on Friday. Investors continued to monitor the situation surrounding a fast-spreading coronavirus that was first diagnosed less than a month ago.

Image credit : UNI

 

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