Benchmark
indices ended Friday's session with cuts, dragged down by bank stocks, after
giving up the early gains during which they reclaimed the crucial 40,000 and
12,000 levels, respectively.The
broader Nifty50 index finished at 11,923, down 23 points, or 0.19 per cent. On
a weekly basis, both Sensex and Nifty posted a gain of 0.8 per cent.
BUZZING STOCKSShares of Hindustan Petroleum Corporation (HPCL) hit a
52-week high of Rs 330, up 4 per cent, before ending the day 2.05 per cent
higher at Rs 234.15 on the BSE, lifted by strong earnings in March quarter and fall in crude oil prices. In comparison, the S&P BSE Sensex was up 5 per cent during the same period. Coal India shares rallied as much as 4.11 per cent in the
morning deals on Friday, a day after the company reported an impressive 362.46
per cent jump in its net profit at Rs 6,024.23 crore for the quarter ended
March 31, 2019. The stock ended the session 0.18 per cent higher at Rs 253.35. 
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