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Sensex , Nifty end Friday on a positive note

| | Jan 08, 2016, at 10:06 pm
Mumbai, Jan 8 (IBNS) Indian share market rises on Friday on overall positive sentiments after posting losses for four consecutive days.

The BSE Sensex went up 82.50 points to close at 24934.33 and NSE Nifty went up 33.05 points to settle at 7601.35.

Among the top stocks that posted a decline on Sensex were Cipla, L&T, Bajaj Auto, Coal India and Adani Ports. The top gainers included Tata Motors, Tata Steel, Axis Bank, TCS and ONGC.

Value buying, positive Asian indices, and expectations of political consensus over key economic legislation boosted sentiments, which left a positive mark on the Indian share market.

The Asian markets gained confidence after China decided to suspend its circuit breaker system and apply other quick fixes to stabilize its market.

On Friday, about 1,938 shares advanced, 813 shares declined, and 195 shares were unchanged, according to moneycontol.com.

 

Image: Wikimedia Commons 

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