NSE & BSE begin on positive note, turn volatile later

Mumbai: Equity benchmark indices started the trade on a firm note on Friday amid a positive trend in the global stock markets and foreign fund inflows but later turned volatile. The 30-share BSE Sensex climbed 205.08 points to 61,636.82 in early trade. The NSE Nifty advanced 56.2 points to 18,186.15 in initial deals. Later, both benchmark indices turned volatile and were trading marginally lower. The Sensex quoted 48.29 points lower at 61,383.45 and the Nifty dipped 28.30 points to 18,101.65.

The Sensex had declined by 128.90 points or 0.21 percent to settle at 61,431.74 on Thursday. The Nifty fell 51.80 points or 0.28 percent to end at 18,129.95.

Position of stocks in BSE

Among the Sensex firms, State Bank of India, Infosys, HCL Technologies, Tech Mahindra, Axis Bank, Wipro, ICICI Bank, Power Grid, Kotak Mahindra Bank, and Mahindra & Mahindra were the major gainers. ITC, NTPC, Titan, Larsen & Toubro, Maruti, and Tata Motors were among the laggards.

Performance of markets worldwide

In Asia, Seoul, Tokyo, and Shanghai markets were trading in the green, while Hong Kong quoted lower. The US market ended on a positive note on Thursday. Meanwhile, global oil benchmark Brent crude climbed by 0.71 percent to USD 76.40 per barrel.

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