City
Epaper

Market rises for 3rd day straight, Nifty above 9,500

By IANS | Updated: May 29, 2020 16:45 IST

The Indian stock market settled on a positive note for the third consecutive day with the Nifty50 on the ...

Open in App

The Indian stock market settled on a positive note for the third consecutive day with the Nifty50 on the National Stock Exchange (NSE) closing over the 9,500 mark.

Initially a choppy trade was witnessed on Friday with both Sensex and Nifty opening on a negative note.

However, healthy buying in FMCG, oil & gas, metal and capital goods stocks supported the indices, analysts said.

Sensex closed at 32,424.10, higher by 223.51 points or 0.69 per cent from the previous close of 32,200.59. It had opened at 32,041.29 and touched an intra-day high of 32,480.52 and a low of 31,823.80.

The Nifty50 closed at 9,580.30, higher by 90.20 points or 0.95 per cent from the previous close.

Deepak Jasani, Head of Retail Research at HDFC Securities said that broad market indices like the BSE Mid Cap and Small Cap indices gained more, thereby outperforming the Sensex and Nifty.

Major Asian markets have closed on a mixed note. European indices like the FTSE, CAC and DAX have ended lower, he added.

The top gainers on the Sensex were ONGC, Bajaj Auto and ITC while the major losers were Infosys, Axis Bank and Bharti Airtel.

( With inputs from IANS )

Tags: Deepak jasaniFmcgNational Stock Exchange
Open in App

Related Stories

NationalEid Al-Fitr 2025 Stock Market Holiday: Are BSE and NSE Open or Shut Today, March 31?

NationalStock Market Open On Saturday: NSE To Conduct Mock Trading Session Today; Can Investors Buy or Sell Shares?

BusinessStock Market Open on Saturday: BSE and NSE to Conduct Special Live Trading Session on January 20, Check the Schedule Details

BusinessIndian stocks succumb to profit booking; inflation, Q1 earnings in focus for fresh cues

BusinessFMCG sector to witness 7-9 pc rise in revenue in 2023-24: Crisil

Business Realted Stories

BusinessAir India stops flights to and from Tel Aviv after missile attack

BusinessFM Sitharaman to attend ADB meeting in Milan, hold bilateral meetings

BusinessAngolan President seeks closer ties with India in pharma, agriculture, renewable energy

BusinessSafeguard credibility, define boundaries, communicate honestly, WAVES panel advises influencers

BusinessNirmala Sitharaman to attend ADB's annual meeting in Italy