Benchmark stock indices opened on a negative note following weak global cues after the US Federal Reserve left key interest rates on hold last night, but hinted a rate hike next month.
The Union Cabinet signed an agreement with Italy for training and education in the fields of labour and employment.
BSE Sensex regained the 35,000-mark by recovering over 200 points at the start of the last trading session of the Samvat year 2074 on buying in auto, banking and metal stocks amid fresh foreign fund inflows and encouraging corporate earnings.
The BSE benchmark Sensex Friday soared over 413 points to 34,845.15 and the NSE Nifty raced past 10,500 on widespread gains amid fresh foreign fund inflows, fall in global crude prices and rising rupee.
Indian shares were largely flat in lacklustre trade, but a firmer rupee weighed down on IT stocks.
Diversified conglomerate ITC Limited has decided to enhance its dairy portfolio by entering the paneer and milkshakes segments within two months, a company official said.
Indian stock indices fell for a second straight week, as a subdued start to the earnings season and weakness in asian markets worsened investor sentiment.
ITC stock Friday fell by nearly 3 per cent even as the diversified group reported 11.92 per cent rise in standalone net profit for the quarter ended September 30, 2018.
ITC Ltd, India’s biggest cigarette maker, posted a near 12 pct rise in September-quarter profit on Friday, boosted by higher cigarette revenue.
Negative global cues, along with a depreciating domestic currency, pulled the Sensex down 140 points during the afternoon session of the trade.