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Sensex, Nifty close higher on healthy buying
November 11, 2017
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MUMBAI: Key Indian equity indices on Friday closed in the green on the back of last-hour buying in capital goods, banking and consumer durables stocks.

Index heavyweights like State Bank of India, Larsen and Toubro, Hindustan Unilever and Mahindra and Mahindra, among others, aided in the upward trajectory of the key indices.

The wider Nifty50 of the National Stock Exchange (NSE) rose by 12.80 points, or 0.12 per cent, to close at 10,321.75 points.

The 30-scrip S&P BSE Sensex, which opened at 33,235.75 points, closed at 33,314.56 points - up 63.63 points or 0.19 per cent - from Thursday’s close.

The Sensex touched a high of 33,280.55 points and a low of 33,108.09 points during intra-day trade.

However, the BSE market breadth was bearish - 1,489 declines and 1,204 advances.

On Thursday, an upward rally in the S&P BSE consumer durables index and value buying led the benchmark indices to close on a flat-to-positive note.

The Nifty50 closed the day’s trade at 10,308.95 points, higher by 5.80 points, or 0.06 per cent, while the BSE Sensex closed at 33,250.93 points - up 32.12 points or 0.10 per cent.

“The Indian rupee traded lower and headed for its biggest weekly drop in seven weeks. The shares of Larsen and Toubro, ONGC and State Bank of India rose, whereas shares of Tata Motors, Reliance and Asian Paints fell,” Dhruv Desai, Director and Chief Operating Officer of Tradebulls, said.

Indo-Asian News Service

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