To extend the winning streak to the fourth successive trading session, the Sensex closed the week on a flat note with positive bias with sudden resumption of buying in auto, realty and healthcare stocks.

Banking, PSU and FMCG scrips remained weak and closed the day with losses.

The 30-share index belled the day after losing 61.06 points at 16,650.05 on Friday following negative worldwide signals. Afterward, the stock index made some recovery and again declined into the red zone. The benchmarks traded in a narrow range amid volatility the entire day and lastly ended marginally higher after hitting an intra-day high of 16,765.03 and an intra-day low of 16,610.05.

The BSE Midcap index lost 0.45%, while BSE Smallcap index fell 0.77%.

Among sectoral indices, BSE auto surged 2.10%, real estate gained 1.29%, Healthcare zoomed 0.89%, while Bankex dropped 1.17%, PSU remained down by 0.16%.

The Sensex closed the day at 16,741.30, up 30.19 points, whereas Nifty ended 10.50 points up at 4,976.05. Nifty touched an intra-day high of 4,980.85 and an intra-day low of 4,931.90.

The top movers of the day included Maruti Suzuki India, which surged 5.23%, Rel Infra gained 4.47%, JP Asso increased 3.82%, Bharti Airtel climbed 2.18%, Rel Cap zoomed 2.10% and ACC was up by 2.04%.

The major draggers in the 30-share index comprised ICICI Bank, which fell 3.35%, Sun Pharma declined 1.61%, RCom dropped 1.49%, Sterlite Ind lost 1.29%, Tata Motors dipped 1.19%, and HDFC came down by 0.95%.

The stock markets remain close on Monday due to ‘Ramzan Id’.
 
European bourses dropped on conjecture that a 6-month rally in international stock markets has surpassed the earning outlooks. UK’s benchmark index FTSE 100 gained 4.51 points to trade at 5,167.72. French benchmark index CAC 40 declined 2.67 points to 3,837.39. Germany’s benchmark index DAX gained 2.27 points to 5,732.31. (4.25 pm)

Asian stocks dropped as Aiful Corporation sought to postpone arrears payments and Hong Kong’s central banking institution stated that rivalry on mortgages may harm the city’s loaners.

Japanese benchmark index Nikkei lost 73.26 points to settle at 10,370.54. Hong Kong’s Hang Seng index fell 145.06 points to end the day at 21,623.45. China’s Shanghai Composite lost 97.59 points to settle at 2,962.67.