The market witnessed day-long fluctuations on Friday amid the positive trend of global markets. With this, the Bombay Stock Exchange Sensex gained 28.35 points to close at 48,832.03 points. At the same time, the NSE Nifty closed at 14,617.85 points with a gain of 36.40 points.
Among the Sensex companies, Asian Paints shares rose the most by nearly two percent. Shares of UltraTech Cement, ONGC, Sun Pharma, HCL Tech, and Nestle India also gained. On the other hand, ICICI Bank, Bajaj Finance, L&T, TCS, Infosys, and Reliance Industries declined.
Vinod Modi, strategy head, Reliance Securities, said that the transition to the second wave of Kovid is increasing rapidly. The figure for more than two lakh cases has been exceeded in a single day. This will surely make it difficult to maintain the pace of income.
He added that the shares have got some relief due to the government's efforts to accelerate vaccination and the complete lockdown in Maharashtra and Delhi, but the prospects of macroeconomic curbs by other states may affect investor sentiment in the near future. is.
Among other Asian markets, China's Shanghai Composite, Hong Kong's Hang Seng, South Korea's Cospi, and Japan's Nikki closed with a positive outlook. European markets were also profitable in the middle of the business. Meanwhile, the international benchmark of Brent crude oil gained 0.40 percent to reach $ 67.21 a barrel.