The Market ended  with a slight profit

The Market ended with a slight profit

Benchmark indices closed flat on Friday, as gains in Automobile and banking and auto stocks.

The Sensex stood 39-pts higher at 37,350, while the Nifty50 added 18-pts to end the day at 11,048.

UPL, PowerGrid, Maruti , Yes Bank and Grasim were among top gainers on the Nifty50, while TCS, Vedanta, BPCL, HCL Technologies and Sun Pharma led the losses.

The Nifty PSU-Bank index rose high today, up 1.5%, followed by the NiftyAuto, which rose 1%. The Nifty Private Bank and Bank Nifty rose 0.9 and 0.6%, each, while the Nifty IT index declined 0.65% and the Nifty Pharma shed 0.8 %.

Among stocks, Tata Motors decliend0.21% after downgrading by CRISIL on JLR’s weakening risk profile.

Yes Bank gained 2.55% on raising Rs,1930 Cr through QIP.

Shares of Hero MotoCorp ended at Rs.2668.15 up 1.29% regardless of production shutdown.

IDBI Bank plunged 8.82% after reporting a net loss in the June 2019 Qr.

Glenmark Pharma declined 6.54% as global brokerages cut TP on the stock after weak June-quarter earnings.

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