Market wrap: M&M, ICICI Bank, Tata Motors PV, Eicher Motors top gainers and losers on Nifty and Sensex on Friday
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The Sensex surged 1,718 points and the Nifty reclaimed 25,000 on Friday, extending a winning streak despite global market turmoil.
- ✓M&M and ICICI Bank led the gains, while Tata Motors PV and Eicher Motors fell.
- ✓Investors turned to domestic stocks as a safe haven, though broader markets remained under pressure.
Story at a Glance
- Category
- MARKET
- Reported By
- The Economic Times
- Reading Speed
- 8 Minute(s)
- Market Focus
- India Economy
Synopsis
The Sensex surged 1,718 points and the Nifty reclaimed 25,000, extending their winning streak despite a global market sell-off. M&M and ICICI Bank led the gains, while Tata Motors PV and Eicher Motors featured among the Nifty's top losers. Broader markets remained under pressure, with India VIX rising sharply.
Indian equities defied a global sell-off, extending their winning streak as investors turned to domestic markets as a relative safe haven amid turmoil across global markets.
The Nifty 50 surged 494 points, or 2.01%, to settle at 25,030, while the BSE Sensex advanced 1,718 points, or 2.17%, to close at 81,028.
The broader markets, however, came under pressure on Friday. The Nifty Smallcap 250 declined 0.85%, while the Nifty Midcap 100 ended marginally lower, signalling continued weakness in the broader market.
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The Economic Times
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