Share Market News Today | Sensex, Nifty, Share Prices HIGHLIGHTS: Domestic equity market benchmarks BSE Sensex and Nifty 50 ended over 1 per cent higher on Friday
Morgan Stanley said that small and midcap stocks are likely to be in focus in 2021.
Share Market News Today | Sensex, Nifty, Share Prices HIGHLIGHTS: Domestic equity market benchmarks BSE Sensex and Nifty 50 rallied for the fifth consecutive day on Friday, led by buying in index heavyweight Reliance Industries Ltd (RIL) and bank stocks. BSE Sensex surged 553 points or 1.34 per cent to end at 41,893, while the broader Nifty 50 index ended above 12,250, at 12,263, up 143 points or 1.18 per cent. RIL share price closed 3.78 per cent higher at Rs 2,029 after it announced that The Public Investment Fund (PIF) of Saudi Arabia will invest Rs 9,555 crore in Reliance Retail for an equity stake of 2.04 per cent. Bajaj Finsv, IndusInd Bank, HDFC Bank, Kotak Mahindra Bank and Housing Development Finance Corporation were among other gainers. On the flip side, 10 out of 30 stocks, ended in the red. Maruti Suzuki shares were the worst performers, followed by Bharti Airtel, Asian Paints, Ultratech Cements and Hindustan Unilever (HUL). Barring Nifty FMCG and Nifty Pharma indices, all the sectoral indices settled in the positive territory.