Sensex snaps 6-session falling streak

July 26, 2019 17:15

Snapping its six-session falling streak, equity benchmark BSE Sensex ended 51.81 points higher on Friday, led by select finance and private bank stocks. While subdued corporate earnings, foreign fund outflows and weak global cues continue to weigh on the markets, hopes of above-average rainfall in the next two weeks buoyed investor sentiment to some extent, traders said.

After a choppy session, the 30-share Sensex ended 51.81 points or 0.14 per cent higher at 37,882.79. Similarly, the broader NSE Nifty rose 32.15 points or 0.29 per cent to settle at 11,284.30. During the week, the Sensex lost 454.22 points or 1.18 per cent, while the Nifty fell 134.95 points or 1.18 per cent.

Yes Bank was the top gainer in the Sensex pack Friday, rallying 9.64 per cent. Bajaj Finance soared 7.20 per cent after the company posted its highest-ever quarterly consolidated net profit at Rs 1,195 crore for the June quarter. Other gainers included Hero MotoCorp, M&M, Bajaj Auto, Tata Motors, Asian Paints and Kotak Bank, rising up to 3.21 per cent. -- PTI

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