After bouts of volatility in the last two trading sessions, markets took a breather on Friday and traded flat for better part of the day. While financial and banking counters traded in the sea of red throughout the day, index heavyweights like Reliance Industries and Bharti Airtel, that surged 3 per cent and 6 per cent, respectively in the intra-day trade today, provided the necessary support.
The S&P BSE Sensex hit a record high of 42063.93. At close, the 30-share index was at 41,945.37 level, up 12.81 points or 0.031 per cent On the NSE, the Nifty50 settled 3.15 points, or 0.025 per cent, lower at 12,352.35-mark. Nifty Bank, financial services, metals and IT indices settled the day in the negative territory. On the other hand, Nifty Pharma gained nearly 2 per cent. For the week, the Sensex has advanced 0.9 per cent, while the broader Nifty50 has gained 0.8 per cent. Nifty mid-cap index, meanwhile, has risen 4 per cent during the week. The party in the broader markets continued for the ninth straight session. The S&P BSE mid-cap index was up 0.5 per cent at 15,703 level. Meanwhile, the S&P BSE smallcap index ended at 14,708.70 level, up 0.42 per cent.
The S&P BSE Sensex hit a record high of 42063.93. At close, the 30-share index was at 41,945.37 level, up 12.81 points or 0.031 per cent On the NSE, the Nifty50 settled 3.15 points, or 0.025 per cent, lower at 12,352.35-mark. Nifty Bank, financial services, metals and IT indices settled the day in the negative territory. On the other hand, Nifty Pharma gained nearly 2 per cent. For the week, the Sensex has advanced 0.9 per cent, while the broader Nifty50 has gained 0.8 per cent. Nifty mid-cap index, meanwhile, has risen 4 per cent during the week. The party in the broader markets continued for the ninth straight session. The S&P BSE mid-cap index was up 0.5 per cent at 15,703 level. Meanwhile, the S&P BSE smallcap index ended at 14,708.70 level, up 0.42 per cent.
Nifty50 closed flat at 12352.35 level, -3.15 points, or -0.025 per cent. Nifty Support : 12310 and 12270 Resistance : 12370 and 12400.
