Sensex rises 323 pts, Nifty closes at 10,491; Metal, Pharma stocks rally

All that happened in the markets today.

SI Reporter  |  New Delhi 

Markets up, Stocks, Shares, BSE, NSE, SENSEX
Photo: Shutterstock.com

Nifty Pharma index ends 2.6% higher Nifty Metal index ends 3.2% higher Sectoral Trends BSE Sensex gainers and losers Market at close   The S&P BSE Sensex ended at 34,142, up 323 points while the broader Nifty50 index settled at 10,491, up 108 points. Sun Pharma turns volatile after three observations for Halol facility Sun Pharmaceutical Industries has turned volatile, trading 3.5% higher at Rs 561 on the BSE at 02:34 pm, after the company said the US Food and Drug Administration (USFDA) issued Form 483, with three observations, for its Halol facility in Gujarat. READ MORE

The domestic indices ended 1% higher on Friday taking cues from the global

The S&P ended at 34,142, up 323 points while the broader Nifty50 index settled at 10,491, up 108 points.


Among sectoral indices, the Metal index ended nearly 3% higher on Friday led by a rise in the of Jindal Steel & Power, Tata Steel and National Aluminium Company. The Pharma index also ended over 2.5% higher led by suge in the of Sun Pharmaceutical Industries and Divi's Laboratories.

In the global markets, Asian rebounded on Friday as comments from a Federal Reserve official eased worries about faster rate rises in the United States, while the dollar ticked higher as investors dipped their toes back into riskier assets.

MSCI’s broadest index of Asia-Pacific outside Japan climbed 0.9 per cent on Friday to add on to the previous week’s 3.9 per cent gain.

Japan’s Nikkei rose 0.7 per cent.

On Wall Street, the Dow added 0.7 per cent, the S&P 500 ended a tad firmer while the Nasdaq lost 0.11 per cent.

(with Reuters inputs)

First Published: Fri, February 23 2018. 15:30 IST
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Sensex rises 323 pts, Nifty closes at 10,491; Metal, Pharma stocks rally

All that happened in the markets today.

All that happened in the markets today. The domestic indices ended 1% higher on Friday taking cues from the global

The S&P ended at 34,142, up 323 points while the broader Nifty50 index settled at 10,491, up 108 points.

Among sectoral indices, the Metal index ended nearly 3% higher on Friday led by a rise in the of Jindal Steel & Power, Tata Steel and National Aluminium Company. The Pharma index also ended over 2.5% higher led by suge in the of Sun Pharmaceutical Industries and Divi's Laboratories.

In the global markets, Asian rebounded on Friday as comments from a Federal Reserve official eased worries about faster rate rises in the United States, while the dollar ticked higher as investors dipped their toes back into riskier assets.

MSCI’s broadest index of Asia-Pacific outside Japan climbed 0.9 per cent on Friday to add on to the previous week’s 3.9 per cent gain.

Japan’s Nikkei rose 0.7 per cent.

On Wall Street, the Dow added 0.7 per cent, the S&P 500 ended a tad firmer while the Nasdaq lost 0.11 per cent.

(with Reuters inputs)
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