Domestic markets on Friday are shut on account of Ganesh Chaturthi. There will be no trading in the stock market with this forex and the commodity market will not conduct any trading.
Ganesh Chaturthi is celebrated on the occasion of the birthday of Lord Ganesha. The festival lasts for 10 days during which God is believed to bestow his presence on earth for all his devotees.
The Sensex closed the day at 58,305, up 55 points and the Nifty settled just 3.9 points higher at the 17,357 level. Among sectoral front, metals, IT and FMCG witnessed rebound today, while financials (excluding PSU Banks), pharma and realty witnessed profit booking.
Volatility index softened today over 4%.
Meanwhile, the Nifty50 recorded a modest gain of around 0.2% during the week, while ~Rs1.3lakh crore was added to investors’ wealth in the week.
Nestle, ONGC, Bharti Airtel and Hindalco were among the top Nifty gainers, while SBI Life, Titan, HDFC Life and Divi’s Lab were laggards.
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( With inputs from indiainfoline)