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The Indian stock markets with the benchmarks advancing to their highest level in two-weeks. Nifty50 hits 8,150 mark on Friday. Market sentiment was also boosted after Finance Minister Arun Jaitley said that government tax collection has gone up sharply, belying fears of sharp slowdown in the economy.
The S&P BSE Sensex is trading at 26,639 up 273 points, while NSE Nifty is trading at 8,170 up 66 points. The BSE Mid-cap Index is trading up 1.19% at 12,046, whereas BSE Small-cap Index is trading up 1.07% at 12,083. Aurobindo Pharma, ICICI Bank, BHEL, ITC and Grasim are among the gainers, whereas BPCL, Bharti Airtel, Bharti Infratel, Tata Motors and HDFC Bank are losing sheen on NSE.
A total of four stocks registered a fresh 52-week high in trade today, while seven stocks touched a new 52-week low on the NSE. Out of 1,889 stocks traded on the NSE, 288 declined, 1,262 advanced and 339 remained unchanged today. Some buying is observed in industrial, financial services, IT, banking, metal, power, realty and auto sectors while telecom is showing weakness on BSE. The INDIA VIX is up 0.49% at 15.3575.
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