MARKET WRAP: Sensex Finishes 139 Points Higher in Volatile Trades; ONGC earns 5.5%


(Photo: Kamlesh Pednekar)

(Photo: Kamlesh Pednekar)

The domestic stock market ended Friday’s volatile session on a positive note amid healthy purchases in financial stocks, oil and gas, metals and consumer goods.

The benchmark S&P BSE Sensex index ended at 46,099, an increase of 139 points or 0.3 percent, while the NSE NIFty ended at 13,514, an increase of 36 points or 0.26 percent.

During the day, Sensex hit a record high of 46,309.63, while Nifty climbed to an all-time high of 13,579.35.

Global markets

Asian stocks rose on Friday as advances in Covid-19 vaccines boosted investor sentiment, but complicated Brexit negotiations and US stimulus talks limited gains in riskier assets.

Overnight on Wall Street, the Dow Jones Industrial Average fell 0.23%, the S&P 500 lost 0.13% and the Nasdaq Composite added 0.54%.

In commodities, oil rose, adding to strong overnight gains that sent Brent above $ 50 for the first time since March as the launch of coronavirus vaccination programs fueled hopes that demand for fuel will rebound next year.

(With input from Reuters)

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