Sensex back at 38000 with 372 points jump

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D-Street benchmark indices have cheered investors by closing at a positive note on Friday. After witnessing a historical low, the market managed to strengthen with Sensex closing 372.68 points or 0.99% higher at 38090.64. NSE’s Nifty gained 145.30 points or 1.28% to close at 11515.20.

The different sectoral indices of NSE ended up on a positive note with Nifty Realty (up 3.46%), Nifty Pharma (up 2.51%), Nifty Metal (up 2.27%) leading ahead. Further, Nifty Bank went 1.29% higher to 27,163.85.

Shares of companies like Vedanta, Bharti Airtel, Power Grid, NTPC, Asian Paints, ONGC, HDFC, Yes Bank, Sun Pharma, SBI, ICICI Bank, Tata Steel, Maruti Suzuki, IndusInd Bank, Tata Motors, TCS, M&M, Wipro, Adani Ports rose between 1% and 5%. Whereas, the shares of Infosys and Coal India tanked 0.8-1.3%.

The gaining stocks were counted up to 1817 while, 842 stocks ended in the red. Out of 2831 stocks traded on Friday in BSE 172 remained the same.

For the week, BSE Sensex has lost 299.18 points to 38,090.64 from a level of 38,389.82 while NSE Nifty has fallen 73.9 points to 11,515.20 from a mark of 11,589.1.

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