Categories: Business Top

Equity markets close flat; banks, FMCG stocks gain

Mumbai, May 19 (IANS) Indian equity markets on Friday provisionally closed on a flat note on Friday on the back of broadly positive global cues and healthy buying in banking and FMCG stocks.

The key indices, which opened on a higher note following a rebound in global cues and the Goods and Services Tax (GST) Council's fitment of 1,211 goods in the tax slabs, were pulled lower during afternoon trade.

However, the 30-scrip Sensitive Index (Sensex) of the BSE touched a new high of 30,712.35 points during the intra-day trade. It had touched a high of 30,692.45 points intra-day on May 17.

At 3.30 p.m. on Friday, the BSE Sensex, which opened at 30,539.65 points, provisionally closed at 30,464.92 points -- up 30.13 points or 0.10 per cent from its previous close at 30,434.79 points.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) provisionally closed at 9,427.90 points -- down 1.55 points or 0.02 per cent.

On Thursday, the NSE Nifty closed at 9,429.45 points -- down 96.30 points or 1.01 per cent. The Sensex of the BSE shed 223.98 points or 0.73 per cent to close at 30,434.79 points.

Facebook Comments

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

Share

This website uses cookies.

%%footer%%