New Delhi:
Benchmark indices Sensex and Nifty closed marginally in volatile trading Friday after profit postings in financials and IT stocks amid a weak trend in global equity markets.
Breaking its two-day gains streak, 30-share BSE Sensex fell 30.81 points or 0.05 percent to settle at 58,191.29. Over the course of the day, it fell 370.95 points, or 0.63 percent, to 57,851.15.
The broader NSE Nifty fell 17.15 points, or 0.10 percent, to finish at 17,314.65.
Among the Sensex stocks, Mahindra & Mahindra, UltraTech Cement, State Bank of India, Tata Consultancy Services, Bajaj Finance and ITC were the big laggards.
On the other hand, Titan, Power Grid, NTPC, Maruti, IndusInd Bank and Asian Paints were among the winners.
Elsewhere in Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong closed lower.
Stock markets in Europe traded on a mixed note in mid-session deals. US stocks ended lower on Thursday.
“Prior to the release of the US jobs data, the domestic market traded with austerity measures in line with its global counterparts. Stronger-than-expected jobs data could lead to a market decline as it could give the Fed more reasons to focus on inflation .” said Vinod Nair, head of research at Geojit Financial Services.
Meanwhile, the international oil benchmark Brent oil futures climbed 0.48 percent to $94.87 a barrel.
Foreign institutional investors were net buyers as they bought shares worth Rs 279.01 crore on Thursday, according to data available from BSE.
(This story was not edited by DailyExpertNews staff and was generated automatically from a syndicated feed.)