Snapping its eight-day winning streak, the BSE benchmark Sensex declined by over 222 points Friday to end at 38,164.61 as investors booked profits after Fitch Ratings cut India's growth forecast.
Shares of Zee Entertainment Enterprises fell as much as 2.64 per cent to Rs 431.5, their lowest since February 18. Stock broke below a support at Rs 442, the 14.6 per cent Fibonacci projection level of the downtrend from May 2 high to January 25 low.
Rising for the ninth straight session, market benchmark BSE Sensex rose over 119 points in early trade Friday led by gains in banking, metal and auto stocks amid sustained foreign fund inflow.
According to a regulatory filing on Friday, Embassy Office Parks finalised allocation of 58,105,600 units to anchor investors at Rs 300 per unit, totalling Rs 1,743.16 crore.
Continuing its upward journey for the eighth consecutive session, market benchmark BSE Sensex ended marginally higher Wednesday, following gains in Infosys, HDFC twins and L&T amid uninterrupted capital inflows by foreign funds.
The 30-share Sensex was trading 80.70 points, or 0.21 per cent, higher at 38,444.17. The gauge had gained nearly 1,500 points in the previous seven sessions. Similarly, the NSE Nifty rose 11.35 points, to 11,543.75. Infosys, Vedanta, HCL Tech, L&T, Sun Pharma, Axis Bank and TCS were trading in the green.
SGX Nifty indicates a tepid day of trade while Asian markets start the day on a negative note. European markets ended higher in trade. Dow snaps 4-day winning streak.
The stock market continued its winning run for a seventh consecutive session Tuesday with the BSE Sensex rising 268 points to close at over six-month high led by gains in index heavyweights like ITC, RIL and Infosys amid continuous foreign fund inflow.
Extending its winning streak to the sixth consecutive session, the BSE Sensex gained over 70 points Monday as stocks made further headway powered by unabated foreign fund inflows and narrowing country's trade deficit amid positive global cues.