Nifty Bank was also trading at the level of 50904.35 with a strong jump of 531.45 points.
The domestic stock market, which has been in constant cold spirits, started in the green on Friday, the last day of the week. Bombay Stock Exchange’s benchmark Sensex was seen trading at 77725.72 with a rise of 569.93 points at 9.33 am. Similarly, Nifty of National Stock Exchange was also trading at the level of 23,523.65 with a gain of 173.75 points. The last trading day of the week is indicative of the changes occurring in the market throughout the week.
Top gainer and top loser
Except power and metal, all other sectoral indices are trading in the green. In this, there is a growth of 1-1 percent in PSU Bank, IT, Realty. Apollo Hospitals, ICICI Bank, SBI, Power Grid Corp and HDFC Life were among the top gainers on the Nifty, while Adani Ports, Adani Enterprises, M&M, Axis Bank and Hero MotoCorp declined.
Asian stock markets rise
According to Bloomberg, Asian stock markets remained bullish on Friday. Semiconductor companies in particular were up as investors shrugged off early concerns over Nvidia Corp’s revenue outlook. Apart from this, gold also rose. Shares in Australia, Japan and South Korea rose while those in Hong Kong and China fell as an index of US-listed Chinese shares fell 1% on Thursday. The MSCI Asia Pacific index rose as much as 0.7%.
rise in oil prices
Oil prices rose on Friday after Russia announced it had fired ballistic missiles at Ukraine and warned of a wider conflict. Brent crude futures rose 14 cents, or 0.2%, at $74.37 a barrel by 0007 GMT. U.S. West Texas Intermediate crude futures rose 17 cents, or 0.2%, at $70.27 a barrel. Russian President Vladimir Putin said on Thursday that the Ukraine war is turning into a global conflict after the US and Britain gave Ukraine permission to attack Russia with its weapons.
Latest Business News
