DSIJ Mindshare

Indices saw a magnificent short-covering rally on Friday despite a slight sell-off witnessed in the last hour. Nifty climbed 1.01 per cent to close at 17,200 while Sensex soared 685 points.

Indices closed on a weak note ahead of crucial US inflation numbers. Nifty slipped 0.64 per cent while Sensex tanked 390 points.

Indices felt pressure at higher levels but managed to close on a positive note. Nifty closed above 17,800 and climbed 0.169 per cent. Meanwhile, Sensex surged 105 points while Nifty Midcap and Nifty Smallcap inched higher by 0.35 per cent & 0.06 per cent, respectively.  

Indices recovered to some extent but were unable to repair the damages that took place during the day. .

Indices traded lower throughout the day and Nifty plunged below 16,200. It closed lower by 1.68 per cent while Sensex tanked about 1,016 points.