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Market closed a session of
range bound trade on a flat note on Friday. . this week has been
good for traders. Sensex added 33 points to settle at 35,963, with Bharti
Airtel being the top gainer and HDFC the worst laggard.After witnessing a range bound session throughout the day, the
domestic equity market ended with marginal gains on Friday, led by buying in
telecom, IT and energy stocks. Nifty50 index of National Stock Exchange closed
the day at 10,805, up 14 points. Among the sectoral indices, nifty Pharma index
declined the most (down nearly 1 per cent), weighed down by Aurobindo Pharma
and Divi's Laboratories .Among individual
stocks, Max India zoomed 20 per cent to Rs 80 apiece after reports said it was
likely to exit from the health insurance business. Shares
of Fortis Healthcare tanked over 14 per cent in the intra-day trade to Rs
130 on the National Stock Exchange after the Supreme Court put company's sale
to IHH on hold. The stock, however, pared losses and eventually closed at Rs 141 apiece, down 7 per cent.
Telecom services providers such as Bharti Airtel and Vodafone Idea rallied in an otherwise subdued market after Telecom Disputes Settlement and Appellate Tribunal quashed Trai's predatory pricing rule. Bharti Airtel jumped 10 per cent to Rs 333, while Vodafone Idea climbed 8 per cent to Rs 37.60 on BSE in the intra-day trade. At close, shares of Bharti Airtel stood at Rs 319, up over 5 per cent while those of Vodafone Idea settled at Rs 36, up over 3.5 per cent. YES Bank NSE 3.23 % climbed 3 per cent in morning trade on Friday, a day after suffering a loss of 6.48 per cent, as the lender deferred the appointment of managing director and CEO to January 9. The post of non-executive chairman has been vacant since November when Ashok Chawla resigned from the board.
TOP GAINERS :,YESBANK ,BPCL,IOC
Telecom services providers such as Bharti Airtel and Vodafone Idea rallied in an otherwise subdued market after Telecom Disputes Settlement and Appellate Tribunal quashed Trai's predatory pricing rule. Bharti Airtel jumped 10 per cent to Rs 333, while Vodafone Idea climbed 8 per cent to Rs 37.60 on BSE in the intra-day trade. At close, shares of Bharti Airtel stood at Rs 319, up over 5 per cent while those of Vodafone Idea settled at Rs 36, up over 3.5 per cent. YES Bank NSE 3.23 % climbed 3 per cent in morning trade on Friday, a day after suffering a loss of 6.48 per cent, as the lender deferred the appointment of managing director and CEO to January 9. The post of non-executive chairman has been vacant since November when Ashok Chawla resigned from the board.
TOP GAINERS :,YESBANK ,BPCL,IOC
MAJOR LOOSERS : WIPRO ,TITAN,HDFC
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