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“Equity markets continued to rally with resilient performance during the week.Sensex Zooms 130 Point

2023-04-18 07:14:19 image

Indian equity markets have ended the week in Green. The domestic equity benchmarks ended near the days high after a strong session on Friday. Positive global cues.

The BSE Sensex index closed 130.18 points or 0.22% up at 59,462.78, and the NSE Nifty 50 shut shop 39.20 points or 0.22% higher at 17,698.20. Oil & Gas indices rose 2.5% and Metal and Power added 1.5% each. On the other hand, Pharma index shed 1% and Information Technology index declined 0.76%.

A largely positive trend in global equities and foreign capital inflows also supported the domestic equity markets, traders said. However, IT and healthcare stocks remained a drag on the indices, they added

On the other hand, Infosys, Maruti, L&T, Tech Mahindra, Sun Pharma and HUL were among the laggards, sliding as much as 1.56 per cent. Elsewhere in Asia, bourses in Hong Kong, Tokyo and Seoul ended with gains, while Shanghai closed in the red.

Equities in Europe were trading higher in mid-session deals. Foreign institutional investors (FIIs) were net buyers in the Indian capital market as they purchased shares worth Rs 3040.46 crore on Friday, according to exchange data.

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