MUMBAI: After sliding for five consecutive sessions, the sensex clawed back on Friday with a marginal 76-point gain.
The broader market also remained steady, mainly on the back of buying in stocks that either gained weight or were included in the MSCI Index after its latest rejig that was effective on May 31.
The sensex opened about half a percent higher and rallied further, but profit taking at higher levels pulled it down to finally close with a marginal gain of 76 points at 73,961.Nifty on the NSE also closed 42 points up at 22,531.
After the rejig in the MSCI index took effect during the day, total turnover by foreign funds in the stock market on Friday was nearly Rs 1.9 lakh crore – a jump of over five times the past three months’ average.
The broader market also remained steady, mainly on the back of buying in stocks that either gained weight or were included in the MSCI Index after its latest rejig that was effective on May 31.
The sensex opened about half a percent higher and rallied further, but profit taking at higher levels pulled it down to finally close with a marginal gain of 76 points at 73,961.Nifty on the NSE also closed 42 points up at 22,531.
After the rejig in the MSCI index took effect during the day, total turnover by foreign funds in the stock market on Friday was nearly Rs 1.9 lakh crore – a jump of over five times the past three months’ average.
