Reliance Communications Limited (RCom) and Reliance Infrastructure Limited rose substantially on NSE and BSE after the apex court gave a clean chit to the Modi govt on Rafale deal.
Equity benchmarks Sensex and Nifty opened on a higher level on Wednesday.
Only five stocks out of the Nifty50 constituents ended in the green and the rest 45 stocks ended in the red. Oil marketing company stocks gained. The stocks that ended in the green are IOC, BCPL, HPCL, Coal India and Maruti.
Nifty Pharma underperformed, closing 6.39% lower for the week, while Nifty Auto down 4.32%, Metal index fell 2.93%. On the other hand Nifty IT index gained 0.17% for the week.
Muthoot Finance stock opened at Rs. 431 per share and trade higher 5.53% at Rs. 443.50 on the NSE during morning hours
All Nifty sectoral indices on the NSE are in red except Nifty IT and realty indices which trade up by 0.20 and 0.35 percent respectively.