Mumbai, Jun 5 (UNI) Continuing its upward streak, BSE Sensex on Friday rose by 746.95 pts to settle at 82,188.99 after the RBI announced a larger-than-expected rate cut. RBI reduced repo rate by 50 bps to 5.50, amid a favorable domestic environment.
The National Stock Exchange (NSE) advanced by 252.12 pts to 25,000.65
BSE Sensex today opened at 81,434.24, down by 7.80 pts. Sensex rose to the day’s high of 82,299.89 after the higher-than-expected 50 bps rate cut decision by the MPC, and Sensex recorded a day low of 81,140.11.
The NSE registered a day’s high at 25,029.56 and a day’s low at 24,671.45 pts.
All sectoral Indices except Capital goods and Industrial, which were down by 0.30pc and 0.08 percent all other Indices ended the session on a Positive note with
Realty being the top sectoral gainer up by 4.74 pc, followed by Financial by 1.79 pc, Consumer Durables by 1.56 pc, Utilities by 1.04 pc, Metal by 1.30 pc, Power by 0.78 pc, Oil & Gas by 0.76 pc, Energy by 0.55 pc, Telecom by 0.41 pc, Health Care by 0.40 pc, and Teck by 0.30 pc.
The mid-cap rose 0.91 pc and the Small-cap moved up by 0.43 pc.
In 30 scrips,28 advanced while 22 declined.
The Notable gainers were Bajaj Finance, 4.93 pc to Rs 9,373.05, Axis Bank by 3.15 pc to Rs 1195.20, Maruti by 2.64 pc to 12,443.90, Indus Bank by 2.50 pc to Rs 823.20, Bajaj FinServ by 2.36 pc to Rs 1989.40, Eternal by 2.10 pc to Rs 261.95, M&M by 2.05 pc to Rs 3106.00, and Tata Steel by 2.01 pc to Rs 157.50.
The losers were Bharti Airtel by 0.39 pc to Rs 1,871.25 and Sun Pharma by 0.20 pc to Rs 1,679.95.
The market breadth was positive. On the BSE, 2,278 shares rose and 1,744 shares fell. A total of 134 shares were unchanged.
Most Asian stocks ended higher.
All three major US indices closed lower overnight. The S&P 500 dropped 0.53 pc, the Nasdaq slid 0.83 pc and the Dow shed 0.25 pc.
