Sensex Today: Domestic equity markets opened positively, showing strength amid steady foreign flows, lower crude oil prices and a declining dollar. While the Nifty50 benchmark index traded just below 18,500 levels, the S&P BSE Sensex fell more than 50 points to trade at 62,216 levels.
Larsen and Toubro, Apollo Hospitals, HDFC Life, Axis Bank and Hero MotoCorp were among the big winners of the Nifty, while losers included Power Grid Corporation, BPCL, ONGC, Adani Enterprises and Cipla.
Broader markets, however, outperformed benchmark indices as Nifty SmallCap 100 and Nifty MidCap 100 indices rose to 0.4 percent.
All sectors fluctuated between profit and loss. The Nifty PSU Bank index gained the most – up 0.7 percent, while the Nifty IT, Nifty Media and Nifty Metal indices fell the most – more than 0.3 percent each.
Global signals
While US stock markets were closed for Thanksgiving on Thursday, stock index futures globally continued to trade positive Friday as investor sentiment remained upbeat.
Markets in Asia Pacific rose this morning as Nikkei 225, the S&P 200, Topix and Hang Seng indices rose as much as 1 percent.
On the commodity front, Brent Crude prices offset the week’s losses and rose in early trading. Brent Crude held steady at $85 a barrel, while WTI Crude rose 0.2 percent to $78 a barrel.
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