City
Epaper

Indices settle almost steady in volatile trading session

By IANS | Updated: June 3, 2022 16:10 IST

New Delhi, June 3 Domestic equity benchmark indices settled almost steady with downside bias on Friday even though ...

Open in App

New Delhi, June 3 Domestic equity benchmark indices settled almost steady with downside bias on Friday even though there was a sharp volatility in trade throughout the session.

Sensex closed 0.09 per cent lower at 55,769 points, whereas nifty closed 0.26 per cent lower at 16,584 points.

Intraday low for sensex was at 55,719 points, whereas high at 56,433 points, data showed.

On Friday, Reliance Industries was the top gainer among the Nifty50 companies, rising nearly 2 per cent, whereas Grasim Industries the top loser at 6.5 per cent.

"There are still some uncertainties about the global markets, but there are some pockets that may continue to outperform. Investors are advised to stay invested in quality stocks while the current rally is an opportunity to exit stocks that have fundamental concerns," said Santosh Meena, Head of Research at Swastika Investmart. Meena is bullish on corporate facing banks, capital goods, infrastructure and housing sector.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Grasim IndustriesReliance IndustriesSantosh MeenaGrasim industries ltd.Grasim industries limited
Open in App

Related Stories

BusinessMukesh Ambani’s Reliance Industries Hits 52-Week High, Outperforms NIFTY50

BusinessMukesh Ambani’s Reliance Industries Share Price Jump Over 2% as Facebook Acquires 30% Stake in AI Venture

BusinessAnil Ambani's Reliance Power, Reliance Infra Shares Surge as Small-Cap Rally Lifts ADAG Stocks

BusinessStock Market News: Nifty Surges Past 25,900 on Diwali as Reliance Industries and HDFC Bank Lead the Rally

BusinessMukesh Ambani’s Reliance Industries Lead Stock Market Rally as Sensex Rises Over 300 Points, Nifty Above 25,150

International Realted Stories

InternationalEthiopia confers its highest award on PM Modi; first Head of State or Government to receive the award

International"India leading source of FDI, giving our cooperation a strong foundation of trust," says Ethiopian PM Abiy Ahmed Ali

InternationalSupport of friendly nations in our fight against terrorism means a lot: PM Modi during talks with Ethiopian PM Ahmed Ali

International"We are co-passengers and partners of the Global South": PM Modi on India-Ethiopia ties

InternationalPM Modi conferred Ethiopia’s highest award during his first bilateral visit