Markets end high in volatile trade

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Benchmark indices Sensex and Nifty ended higher on Friday in a highly volatile trade amid buying in bank stocks and a rally in the US markets.

After oscillating between highs and lows in intra-day trade, the 30-share BSE Sensex ended 193.42 points or 0.23 per cent higher at 83,432.89.

During the day, it hit a high of 83,477.86 and a low of 83,015.83, gyrating 462.03 points.

The 50-share NSE Nifty inched higher by 55.70 points or 0.22 per cent to 25,461.

From the Sensex firms, Bajaj Finance, Infosys, Hindustan Unilever, ICICI Bank, HCL Tech, UltraTech Cement, Bajaj Finserv, State Bank of India, Tata Consultancy Services, Reliance Industries, Axis Bank and Larsen &

Toubro were among the major gainers.

However, Trent, Tata Steel, Tech Mahindra and Maruti were among the laggards.

In Asian markets, Japan’s Nikkei 225 index and Shanghai’s SSE Composite index settled higher while South Korea’s Kospi and Hong Kong’s Hang Seng ended lower.

European markets were trading in the negative territory.

The US markets ended in the positive territory on Thursday.

‘The Indian market is experiencing a pause as investors adopt a wait-and-watch strategy ahead of the impending US tariff deadline with mixed global cues. Ongoing FII outflows reflect a risk-off approach, while DII inflows are offering partial support.

Daily Pioneer
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