The Nifty50 closed listless session marginally lower on Friday, but
managed to hold 11,000 levels for third consecutive session despite sharp fall
in global peers on growth concerns.After opening
marginally lower at 11,038.85, remained in the range throughout the session but
did not break psychological 11,000 levels. The index touched an intraday high
of 11,049 and low of 11,008.95, before closing 22.80 points lower at 11,035.40.
Friday, March 8, 2019
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Benchmark indices ended higher for the
fourth consecutive day with Nifty closed around 11,050 level.The Sensex was up
89.32 points at 36725.42, while Nifty was up 5.20 points at 11058.20. About
1287 shares have advanced, 1349 shares declined, and 159 shares are unchanged. Benchmark indices ended marginally higher on Thursday led by gains in
HDFC Bank, Larsen & Toubro (L&T), ITC, Axis Bank and RIL.Among
sectoral indices,
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The Nifty50 after a strong start above 11,000 levels remained
rangebound with a positive bias throughout the session on Wednesday and closed
at one-month high on follow-up buying. Select banking & financials, FMCG
and IT stocks led the market higher.Benchmark indices ended over half a per cent higher driven by
gains in RIL, ICICI Bank, HDFC, ITC and Bajaj Finance.Among sectoral indices, the Nifty Metal index ended 0.7 per cent higher with MOIL
and National Aluminium Company being the top gainers.
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