Stock markets closed higher on Friday after the Reserve Bank of India kept its benchmark interest rate unchanged as expected and proposed allowing banks to lend to Real Estate Investment Trusts (REITs) with certain prudential safeguards to deepen the financing pool for the real estate sector.
The 30-share benchmark index ended at 83580.4 up by 266.47 points or by 0.32 % and then NSE Nifty was at 25693.7 up by 50.9 points or by 0.2 %.
Sensex touched intraday high of 83612.12 and intraday low of 82925.35 The NSE Nifty touched intraday high of 25703.95 and intraday low of 25491.9
The top gainers of the BSE Sensex pack were ITC Ltd. (Rs. 326.05,+5.09%), Kotak Mahindra Bank Ltd. (Rs. 422.35,+3.35%), Hindustan Unilever Ltd. (Rs. 2416.00,+2.63%), Bharti Airtel Ltd. (Rs. 2038.35,+2.32%), Bajaj Finance Ltd. (Rs. 981.65,+1.76%), among others.
The top losers of the BSE Sensex pack were Mahindra & Mahindra Ltd. (Rs. 1618.30,-1.69%), Tata Consultancy Services Ltd. (Rs. 2941.45,-1.69%), Adani Ports & Special Economic Zone Ltd. (Rs. 1550.20,-1.32%), Asian Paints Ltd. (Rs. 2402.70,-1.21%), Eternal Ltd. (Rs. 283.45,-1.20%), among others.
FMCG index was at 19003.04 up by 380.85 points or by 2.05%. Godfrey Phillips India Ltd. (Rs. 2188.95,+10.44%), Bannari Amman Sugars Ltd. (Rs. 3710.20,+5.22%), ITC Ltd. (Rs. 326.05,+5.09%), Mukka Proteins Ltd. (Rs. 24.41,+3.61%), VST Industries Ltd. (Rs. 236.75,+3.34%),.
IT index was at 34351.78 down by -491.3 points or by -1.41%. Ramco Systems Ltd. (Rs. 518.85,-8.74%), Accelya Solutions India Ltd. (Rs. 1271.15,-7.93%), D-Link (India) Ltd. (Rs. 386.75,-6.47%), Birlasoft Ltd. (Rs. 435.50,-5.39%), AXISCADES Technologies Ltd. (Rs. 1122.30,-4.85%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4560 , shares advanced were 1983 while 2382 shares declined and 195 were unchanged.