Highlights for Today
Market Outlook for the day – Nifty has closed above 6150 mark changing bias in favor of the bulls, for the upcoming week 6190-6240 are important levels to watch for on the higher side.
IL&FS Transportation Networks has secured a road project worth about Rs 1348.52 crore in Spain.
HCL Technologies rose 2.92% on BSE on reports that the company's promoter Shiv Nadar is sounding out potential buyers for selling his entire 62% stake in the company.
Bharti Airtel fell 2.9% on BSE after the company said it will move to the Supreme Court of Nigeria against a decision of the Court of Appeals in Lagos in a longstanding dispute with Econet Wireless.
Shree Renuka Sugars fell 6.22% to Rs 21.10 on BSE after the company said that Singapore-based agri-business firm Wilmar International will invest approximately $200 million in the company.
Key benchmark indices edged higher on last trading session of the week with the market sentiment boosted by data showing that foreign funds remained net buyers of Indian stocks on Thursday. Gains in Asian and European stocks also aided the upmove on the domestic bourses. Buying support witnessed in FMCG, IT and Banking stocks and its BSE indices closed 1.20%, 1.16% and also 1.16% up respectively. The market breadth, indicating the overall health of the market, was positive.