Benchmark stock market indices ended the week on a positive note, closing higher on Friday following a volatile trading session on Dalal Street. Investor attention was focused on the Bihar election results, leading to fluctuating movements between gains and losses.
The S&P BSE Sensex rose by 84.11 points to finish at 84,562.78, while the NSE Nifty50 added 30.90 points to reach 25,910.05. Notable gainers included Tata Motors CV, leading with a 3.36% increase, followed by Eternal with a 2.12% climb. Axis Bank and Bharat Electronics also recorded gains of 1.70% and 1.69% respectively. State Bank of India rounded off the top performers with a 1.52% rise, providing support amid broader market weakness.
Conversely, Infosys experienced the most significant decline, dropping by 2.36%, while Tata Steel fell by 1.42%. Tata Motors Passenger Vehicles, ICICI Bank, and Maruti Suzuki also ended in negative territory with declines ranging from 0.59% to 1.31%.
During the closing hours, the Nifty Midcap 100 index increased by 0.08%, and the Nifty Smallcap 100 rose by 0.38%. The India VIX, a measure of market volatility, decreased by 1.84%.
In the sectoral landscape, notable gainers included Nifty Financial Services 25/50, Nifty FMCG, Nifty Pharma, Nifty PSU Bank, and others. However, Nifty Auto, Nifty IT, Nifty Metal, and Nifty Realty sectors witnessed declines.
Overall, the market exhibited mixed performance with various sectors moving in different directions, reflecting the dynamic trading environment on Friday.