On Friday, the last trading day of the week, the stock market closed with gains after the day’s volatility. The Bombay Stock Exchange index Sensex closed at 59,744 with a gain of 143 points. Along with this, the Nifty of the National Stock Exchange also ended trading at the level of 17,813 with a jump of 67 points. During the trading, the Sensex had crossed the level of 60 thousand, taking an increase even today, although in the end it came down below this level. The Sensex closed at the level of 59,601 on the last trading day. Whereas, the Nifty of NSE closed down 180 points at 17,746 level.
Asian Paints was the biggest gainer of 1.79 per cent in the Sensex. Apart from this, TCS, Nestle India, UltraTech Cement, ICICI Bank and Reliance Industries were among the top gainers.
On the other hand, falling stocks include Bajaj Finserv, Mahindra & Mahindra, Bajaj Finance, HDFC and Titan. In Asian markets, Hong Kong’s Hang Seng and South Korea’s Kospi closed with gains, while China’s Shanghai Composite Index and Japan’s Nikkei declined.
Major markets in Europe had a mixed trend in the afternoon trade. International oil benchmark Brent crude rose 0.94 per cent to $82.76 per barrel. Foreign institutional investors (FIIs) sold shares worth Rs 1,926.77 crore on a gross basis on Thursday, according to stock market data.
Rupee up 12 paise at 74.30 per dollar
The rupee on Friday edged higher by 12 paise at 74.30 (provisional) against the US currency at the foreign exchange market amid a rally in the domestic equity market. The rupee opened at 74.41 per dollar in the interbank foreign exchange market. After touching a high of 74.25 during trading, it finally closed with a strength of 12 paise at 74.30 per dollar. The closing price of the rupee in the previous trading session was Rs 74.42 per dollar.
Traders said rise in domestic equities and firming Asian currencies supported the rupee’s sentiments, Traders said. Due to the Amicron nature of the virus and the strengthening of crude oil, there was some restraint on the uptrend in the rupee.