DSIJ Mindshare

Watch out for these large-cap stocks in Friday’s trading session!

On Friday, the benchmark indices opted to trade in a range-bound manner with Sensex trading within a range of 348 points and Nifty advancing 118 points during the trading session. 

The benchmark indices chose to end the week on a positive note for the second consecutive day. Replicating global trends and reacting to declining commodity prices, the domestic market opted to maintain a positive stance.  

At noon on Friday, the headline equity indices, i.e. Sensex and Nifty 50 were trading marginally higher compared to the last trading session, owing to the positive cues from the Asian Pacific markets, as the fear of recession persists.  

On Tuesday around noon, the headline equity indices, i.e. Sensex and Nifty 50 were trading flat as compared to the last trading session, owing to a rise in the crude oil price, as the European Union (EU) has finally decided to ban almost 90 per cent crude oil imports from Russia by the end of 2022.