The benchmark Sensex rose over 91 points on Friday to finish at a 3-week high of 33,679.24, helped by gains in consumer durables and IT stocks, while NSE Nifty-50 closed at 10,389.70, up 0.40%. Infosys, Reliance, and ITC helped the market hold gains, whereas ICICI bank, SBI, and Hindalco were among the top losers.
Consumer stocks outperformed with shares of Crompton up 5.78%, PC Jeweller up 4.18%, Bluestar Company rose 3.71%, Titan Company up 2.86%, Bajaj Electricals up 1.78%, Whirlpool up 1.62% and Rajesh Exports rose 0.66% being the top gainers.
Sectorally, the Nifty Pharma and FMCG index were the major gainers, whereas Nifty PSU Bank Index and Nifty Metal index were the laggards.
On down side, the stocks of WelCorp down 3.14%, Hindustan Zinc falls 1.93%, Hindalco down 1.51%, NALCO down 1.03%, Canara Bank falls 1.10%, Bank of India down 0.89% were the major drags, among others.
Nifty Future Call for Tomorrow
BUY JUBLFOOD FUTURE ABOVE 1814 TARGETS 1822, 1830 STOP LOSS 1802
BUY SYNDICATEBANK FUTURE ABOVE 94.5 TARGETS 95, 95.5 STOP LOSS 93.5