Stock Market Closing
News:
Indian benchmarks surged to fresh record highs at
Friday close with a 0.3 percent gain, with the Nifty rising 27 points to 8,385
while the Sensex climbed 82 points to 28,023.
High-beta shares led the gains through the day, with
stocks of real estate, metals, chemicals and oil & gas rising 2.2 percent,
2.2 percent, 1.7 percent and 1.1 percent, respectively. While defensive sectors
such as pharmaceuticals and consumer durables closing in the red (down 1.2
percent and 0.4 percent, respectively).
Among individual
stocks, top gainers for the day included Hindalco, GAIL, SBI and Tata Steel (up
between 2.3 and 3.7 percent) while losers were pharma firms Sun, Cipla and Dr
Reddy's lost 1.2 to 2.5 percent.
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