Mumbai, Jan 19: The Benchmark index of Bombay Stock Exchange (BSE) rose 376.77 points or 1.05 percent to settle at 36,386.61 on positive global cues amid optimism for progress in US-China trade talks.
Gains were also triggered on hopes of interest rate cut by the Reserve Bank of India (RBI) after latest data revealed that retail inflation dropped sharply in December.
The Nifty rose 112 points or 1.04 pc to settle at 10,906.95.
The BSE Mid-Cap fell 153.64 points or 1.01 pc to settle at 15,023.39. The BSE Small-Cap fell 95.77 points or 0.66 pc to settle at 14,504.60.
Trading for the week began on a negative note. The market declined for third day in a row on Monday, January 14, 2019.
Sentiment was impacted by weak IIP data and negative global stocks.
The Sensex fell 156.28 points to settle at 35,853.56.Nifty too fell 57.35 points to settle at 10,737.60.
Key equity indices ended with sharp gains on Tuesday, January 15 2019, led by firmness in index heavyweights The Sensex rose 464.77 points to settle at 36,318.33. Nifty also rose 149.20 points to settle at 10,886.80.
Key equity indices ended almost flat on Wednesday, January 16, 2019, after a volatile trading session. Sensex rose 2.96 points to settle at 36,321.29.Nifty rose 3.50 points to settle at 10,890.30.
Key indices settled with small gains on Thursday, January 17, 2019, after a volatile session of trade. Sensex rose 52.79 points to settle at 36,374.08.Nifty rose 14.90 points or 0.14% to settle at 10,905.20.
Local stocks eked out small gains on Friday, January 18,2019.
Global stocks rose Friday amid optimism for progress in US-China trade talks. The barometer index, BSE Sensex, rose 12.53 points to settle at 36,386.61.Nifty also rose 1.75 points or 0.02% to settle at 10,906.95. (UNI)