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Software services giant Infosys was the top boost to the Nifty 50 with a 1.8 per centgain. Shares were little changed on Friday as Infosys and other IT services stocks gained after having lagged the broader market for much of this month, while ITC slid after a lacklustre earnings report. Stock benchmarks have climbed more than 11 per cent this month after a range of positive developments, including a high-spending union budget, strong corporate earnings, and progress on COVID-19 vaccinations. The NSE Nifty 50 index was up 0.04 per cent at 15,180.00 by 0430 GMT, while the S&P BSE Sensex rose 0.08 per cent to 51,572.31. The Nifty IT index, tracking the country s software services firms, was up one per cent, rising the most among 14 sectoral indexes. Up to Thursday s close, the index had gained only about five per cent in February, a month in which the Nifty 50 and most other sectors have seen double-digit gains. ....
Sensex, Nifty end higher for fifth straight day; PSU banks soar, auto stocks hit Premium On Thursday, the BSE Sensex ended at 50,614.29, up 358.54 points or 0.71%. The Nifty closed at 14,895.65, up 105.70 points or 0.71%. (Photo: iStock) 12 min read Indian indices closed higher for the fifth straight day today, with the Sensex topping the 51,000-mark and Nifty the 15,000-level intraday. The RBI kept repo rate unchanged at 4%. Nifty PSU Bank index rose 3.6%, while auto index fell 1.3% Share Via 05 Feb 2021, 03:45:27 PM IST Sensex, Nifty extend rally led by PSU banks; RBI stands pat on rates Indian markets closed higher for the fifth consecutive day in a volatile session on Friday. ....
Having opened in the red, domestic indices staged a smart recovery led by advances in banks, metal, auto and FMCG stocks. Sensex touched a high of 50,687.51 and low 49,926.45, while the Nifty moved in the range of 14,714.75-14,913.70 ....