Homemarket Newsstocks News

Closing bell: Sensex ends 147 points higher, Nifty closes at 12,257; Infosys up 1%

Closing bell: Sensex ends 147 points higher, Nifty closes at 12,257; Infosys up 1%

Closing bell: Sensex ends 147 points higher, Nifty closes at 12,257; Infosys up 1%
Profile image

By Anshul  Jan 10, 2020 4:32 PM IST (Updated)

Broader markets also rallied with Nifty Midcap and Nifty Smallcap up 0.4 percent and 0.8 percent, respectively.

Domestic stock markets settled on a positive note on Friday, as US-Iran tensions abated and investors looked for domestic cues ahead of corporate earnings.

Recommended Articles

View All

The S&P BSE Sensex index ended 147.37 points or 0.36 percent up at 41,599.72, while the broader NSE Nifty benchmark closed 40.90 points or 0.33 percent up at 12,256.80. Broader markets also rallied with Nifty MidCap and Nifty SmallCap up 0.4 percent and 0.8 percent, respectively.
Gains in realty, auto, IT and FMCG stocks pushed the domestic equities higher.
The S&P BSE Sensex index climbed as much as 322.76 points to touch 41,775.11 during the session, and the broader NSE Nifty benchmark rose to as high as 12,311.20, up 95.4 points from the previous close.
Top percentage gainers on the 50-scrip index were Coal India, Infosys, Ultratech Cement, Maruti Suzuki and GAIL, ending between 1.37 percent and 3.28 percent higher.
HDFC Bank, Infosys and Kotak Mahindra Bank were the top contributors to the upmove in the Sensex.
Ten out of eleven sectoral indices on the National Stock Exchange (NSE) settled higher, with the Nifty realty index ending 1.80 per cent higher.
Infosys was the top gainer in the Sensex pack, rising 1.47 per cent, ahead of its quarterly results. The IT major reported a consolidated net profit of Rs 4,457 crore for the third quarter ended December 2019. In the corresponding quarter last year, the company posted a net profit of Rs 3,610 crore.
CNBC-TV18 polls had predicted a profit of Rs 4,200 for the quarter under review.
Market breadth was mostly neutral, with 1, 419 stocks settling higher and 1,136 ending lower on the BSE. On the NSE, 978 stocks advanced while 804 declined.
On weekly basis, Sensex and Nifty gained 0.3 percent each.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Most Read

Market Movers

View All
Top GainersTop Losers
CurrencyCommodities
CompanyPriceChng%Chng