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The benchmark indices settled flat on Friday amid a rise in automobile and metal stocks. The S&P BSE Sensex ended at 35,871, down 27 points, while the broader Nifty50 index settled at 10,792, up 2 poiAmong sectoral indices, Nifty Auto index rose 1.5 per cent driven by gains in Motherson Sumi Systems and Tata Motors. In the broader market, the S&P BSE MidCap index gained 54 points to 14,170, while S&P BSE SmallCap index settled at 13,518. The week passed by witnessed a heavy sell-off driven by India-Pakistan tensions along with high global crude oil prices. The Nifty index has corrected from the levels of 11,000 to 10,600 in the past two weeks.

Buzzing Stocks

Shares of Reliance Nippon Life Asset Management surged 20 per cent to Rs 224 in intra-day trade, rallying 44 per cent in past two trading sessions on the BSE, after Reliance Capital decided to put its stake in the company up for grabs. The stock settled at Rs 199, up 6.3 per cent on Friday.

 

Suzlon Energy jumped 31 per cent to end at Rs 5.80 on the BSE. In intra-day deals, the stock had touched a high of Rs 6.15, rallying 68.5 per cent in the past two trading sessions from a level of Rs 3.65 on Wednesday.