Bulls Roar, Market Indices Snap Their 7-Day Losing Streak & Key Events To Watch Next Week
Domestic equity market benchmarks BSE Sensex and NSE Nifty 50 snapped their 7-day losing streak and ended nearly 2 per cent up on Friday, as investors cheered the RBI rate hike announcement. BSE Sensex ended at 57,427, up 1,017 points or 1.8 per cent. The NSE Nifty 50 ended at 17,094, up 276 points or 1.64 per cent. Stocks of Bharti Airtel, IndusInd Bank, Bajaj Finance, Titan Company, HDFC Bank, Kotak Mahindra Bank, Tata Steel, Maruti Suzuki, Axis Bank, Reliance Industries were among top index gainers. On the flip side, Asian Paints, Dr Reddy’s, ITC, Tech Mahindra, and Hindustan Unilever capped the index’ losses. Bank Nifty soared 2.6 per cent or 984 points to settle at 38,631.95.

Listen in to editors' take on the market performance.

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