Pakistan shoots down 8 drones allegedly launched from Afghanistan amid fresh border clashes, Electronics Secretary S. Krishnan says India meets 99.2% of domestic mobile phone demand, West Bengal govt makes GeM mandatory for procurement of goods and services,

Stock Market closed 5-Month High

The Indian equity indices ended 5 month high on Friday, following a tech rally from Wall Street overnight. At close,the Sensex was up 629.07 points or 1.02 percent at 62,501.69, and the Nifty was up 178.20 points or 0.97 percent at 18,499.35.
For the week, the Sensex and the Nifty50 rose 1.2 percent and 1.6 percent respectively, according to sources.
 Stocks and Sectors
Reliance Industries, Sun Pharma, Divis Labs, HUL and Hindalco Industries were the biggest gainers in  Nifty, while losers were ONGC, Grasim Industries, Bajaj Auto, Bharti Airtel and Power Grid Corp, according to sources.
On the sectoral front,all indices ended in green. Metal, FMCG, information technology, realty, pharma and PSU Bank were up 1 percent each.
The BSE midcap index added 0.8 percent and the smallcap index was up 0.5 percent. On 26th May'23,the Indian rupee closed 16 paise higher at 82.58 against US dollar.
 Experts Take:
Market experts have recommended 5 buy or sell stocks for Friday-JSW Steel, Tata Power, Cipla, Voltas, and Eicher Motors.
(Writer is a Finance Research Analyst, based in Gandhinagar, Gujarat)
 
Newsinc24 is now on telegram. Click here to join our channel @newsinc24 and stay updated with the latest news from politics, entertainment and other fields.

Food & Lifestyle

Sustainability has emerged as a central theme across the global hospitality and tourism industry.

Read More

Crime

The Special NIA Court on Friday awarded life term to four outlawed PFI accused in connection with the murder of a Hindu Munnani functionary. .

Read More

Opinion

US President Donald Trump and Chinese President Xi Jinping held talks in Washington this week.

Read More

Credibility Matters at Newsinc24.com because it is a website that gives you fast and accurate news coverage. It provides news related to politics, astrotalk, business, sports as well as crime. Also it has book promotion too. We known for our credibity. You can contact us for your querries on our email address. And, If you want to know more about us, then check the relevant pages for this purpose.