Markets take positives from weak GDP data, strong global cues
Back home, 23 of the 30 Sensex stocks advanced on Friday. In the broader market, breadth was strong with 1,687 stocks traded on the BSE ending higher against 1,286 declines. Most of the 13 BSE sectoral indices ended in the green. The Power, Bankex, Consumer Durables, Oil&Gas indices gained more than 1% each. The Metal index rose the most at 2.07%. Realty, FMCG and Auto indices bucked the trend and slid marginally.
The NSE cash turnover on Friday was at R20,386 crore, while the six monthly daily average is about R11,000 crore. Turnover in derivatives was about R1.17 lakh crore and the daily average for the past six months is R1.26 lakh crore. India VIX, a volatility index based on the S&P CNX Nifty index option prices, slid 1.4% on Friday to 15.15.
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