The domestic market paused on the final trading day of the week, having earlier reached yet another record high, buoyed by positive cues from global markets. Noteworthy strength was observed in the capital goods and industrial sectors, bolstered by advancements in both manufacturing and services.
On Thursday, 2354 stocks advanced, 1504 declined, and 105 remained unchanged on BSE with an advance decline ratio of 1.56, indicating a positive closing of stocks in broader markets.
The frontline indices opened high on Monday due to strong upmove in the US market on Friday and a strong opening in Asia today. On the Bombay Stock Exchange (BSE), 2160 stocks advanced, 1498 declined and 182 remained unchanged, with an advance decline ratio of 1.44, indicating a positive closing of stocks in broader markets.
JK Cement has seen its shares rise after agreeing in principle a share purchase agreement for Toshali Cements for INR1570m (US$19m). The Board of Dire.