Dynamite News
Sensex faces rough ride, but stays up, IIP takes focus
Sensex recorded a rise this time, 93.73 points, or 0.33 per cent, while the Nifty gained 52.60 points, or 0.60 per cent, respectively.
Mumbai/10 February 2017. The stock markets failed to tap into the early momentum on Friday as both the Sensex and the Nifty did not make much headway in the end ahead of IIP numbers even as other Asian shares raced to an 18-month high amid a higher opening in Europe.
As a sign of volatility, the 30-share Sensex climbed to a high of 28,456.18, but hit a low of 28,286.80 before ending up a mere 4.55 points, or 0.02 per cent, at 28,334.25. It had gained 40 points on Thursday.
The 50-share Nifty, which rescaled the 8,800 mark and touched a high of 8,822.10 intra-day, finished at 8,793.55, up 15.15 points, or 0.17 per cent.
For the third straight week, the Sensex recorded a rise this time, 93.73 points, or 0.33 per cent, while the Nifty gained 52.60 points, or 0.60 per cent, respectively. (With PTI inputs)