Sensex, Nifty gain after a days gap; Bajaj Finserv zooms, Wockhardt locks in at upper circuit

Domestic benchmark indices end the week in green. After yesterday’s decline, in today’s trading session, Sensex gained by 282.29 points or 0.65 per cent to close at 43882.25 levels. Nifty rose by 87.35 points or 0.68 per cent to settle at 12859.05 levels.

Shares of Bharti Infratel gained by more than 17.73 per cent on Friday after the company said that its proposed merger with Indus Towers to create a mega tower company has been completed.

Asian indices such as Shanghai index, Hang Seng and KOSPI gained by 0.44 per cent, 0.36 per cent and 0.24 per cent respectively whereas Nikkei declined by 0.42 per cent. European indices such as FTSE 100, DAX and CAC 40 were trading in green up by 0.74 per cent, 0.44 per cent and 0.71 per cent respectively.

Sensex gainers made up of Bajaj Finserv gaining by 9.13 per cent, Titan Company rose by 5.61 per cent, Bajaj Finance increased by 4.05 per cent, Kotak Mahindra Bank gained by 3.52 per cent, Bharti Airtel increased by 3.18 per cent, Nestle India gained by 3.17 per cent, etc.

Sensex losers include RIL declining by 3.72 per cent, IndusInd Bank decreased by 0.94 per cent, Sun Pharmaceutical Industries fell by 0.87 per cent, ONGC decreased by 0.69 per cent, Axis Bank declined by 0.57 per cent, HUL fell by 0.48 per cent, etc.

Amongst sectoral indices on BSE, Telecom index was the biggest gainer up by 4.73 per cent while Energy index was the biggest loser down by 2.84 per cent. BSE SmallCap index and BSE MidCap index closed up by 0.77 per cent and 1.22 per cent respectively.