Here's a roundup of what happened in the markets today
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Stocks rose for a second day on Friday on the back of a global pull back in equities but came off from intra-day highs after traders judged the recent up as too swift and too high.
The Nifty rose 53 points to end the week at 8,001, after retracing from an intra-day high of 8,089 points. The Advance-Decline Ratio was 30/20. Vedanta, ONGC,
Broader markets were able to retain their early morning gains. The CNX 100, CNX 200, CNX 500, Nifty Junior and the CNX Mid Cap Indices gained between 0.3-1.3 percent on Friday. Selling on the Bank Nifty ensured that the 2 percent rise on the Index got erased. It ended 0.2 percent lower at 17,187 points. CNX Pharma, CNX PSU Bank and CNX Realty Indices lost ground as well.
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The fresh expiry on the futures and options market started on a modest note. MindTree, Reliance Communications, HCL Tech and IRB Infra were among the top gaining futures while Amara Raja Batteries, Union Bank, Petronet and Dish TV slipped in trade. Within sectors, Telecom and Technology futures emerged as top gainers while Banking and Realty lost ground. The Advance-Decline was bearish with 74 stocks rising compared with 86 that fell
Even in the broader market, sellers overwhelmed buyers with 1,291 shares advancing while 1,404 falling below their yesterday's close.
In the list of fresh 52 week highs were Jubilant Industries, 8K Miles, Escorts Ltd. and Bajaj Corp while ICRA, Kolte Patil Developers, JMT Auto and VRL Logistics figured on the top volume buzzers list on the NSE.
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