Live market updates: Domestic stocks got off to a decent start to 2020, trading about half a percent higher on Friday. Meanwhile, the volatility index, India VIX, cooled more than 8 percent to 19.34 levels.
Among the major indices, the S&P BSE Sensex rose 220 points to 47,970 levels and tested the 48,000 mark. Meanwhile, the Nifty50 index was trading above the 14,000 mark. Mahindra & Mahindra and ITC (both up 2%) were the top winners for Sensex, followed by TCS, SBI and Bharti Airtel (all up 1%).
Antony Waste Handling Cell shares made a decent debut on the exchanges on Friday with shares in the solid waste management services company trading at Rs 430, a 36.5% premium to its issue price of Rs 315 per share on the BSE. READ MORE
All Nifty industry indices, except the Nifty Private Bank Index, were trading green, led by the Nifty PSU Bank Index, up 3%.
In the broader market, the S&P BSE MidCap and SmallCap increased 1% and 0.9%, respectively.
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