Indices end at 2-week high

Chelsea West
November 25, 2017

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33,670 points, closed at 33,679.24 points - up 91.16 points or 0.27 per cent - from its Thursday's close.

On a closing basis, the wider Nifty50 of the National Stock Exchange (NSE) rose by 40.95 points or 0.40 per cent to 10,389.70 points. Positive Asian cues came as early pointers for the market. For the whole week, the Sensex jumped 336.44 points, or 1per cent, while the Nifty rallied 106.10 points, or 1.03 per cent.

Benchmark Nifty ended on a flat note in a volatile trade, up marginally by six points as positive trend continued for sixth consecutive session following value buying mainly in IT, energy and media sectors.

The S&P BSE Information Technology Index gained 1.2 percent and was among the top sectoral gainers.

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Market breadth was in the favour of gainers, with about 2 stocks advancing to every 1 stock that declined.

Domestic institutional investors (DIIs) bought shares worth a net Rs 222.21 crore while foreign portfolio investors (FPIs) purchased equities worth a net Rs 73.22 crore, as per provisional data.

For the week, Sensex and Nifty rose 1% each.

On the other hand, the S&P BSE metal index fell by 85.35 points and basic materials index by 8.36 points.

Other reports by TheSundaySentinel

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