Share Market News Today | Sensex, Nifty, Share Prices Highlights: Reliance shares jumped over 3% in the dying hours. HUL followed closely behind gaining 2.4% and Sun Pharma was seen surging 2%
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic benchmark indices showed some signs of revival in the dying hours of trade on Friday but failed to carry the momentum and jump out of the red. S&P BSE Sensex ended down by 143 points or 0.39% at 36,594 points while the Nifty 50 slipped below the 10,800 mark. RIL shares jumped over 3% to hit a fresh high and take the benchmark higher. RIL was followed by Sun Pharma, HUL, and Bharti Airtel on BSE Sensex. Axis Bank and IndusInd Bank fared the worst among the 30 constituents of Sensex. All banking and finance stocks ended deep in red on Friday. Nifty Pharma, Nifty Realty, and Nifty FMCG were the top sectoral gainers. Nifty PSU Bank index fell 2.67% while the Nifty Private Bank index was down 2.3%.
Prime Minister Narendra Modi on Thursday, in an effort to woo global investors, said that India has massive opportunities in various sectors such as defence, agriculture, and MSMEs. Speaking at the India Global Week 2020 event, the Prime Minister emphasized on the opportunity that India provides, being one of the fastest-growing economies in the world. Economic recovery has taken the driving seat for the government as it looks to sidestep the slowdown that has been aggravated by the coronavirus pandemic.PM Modi said that India is laying a red carpet for global investors to come and establish their business in India.