Market At Close | Sensex and Nifty50 end four-day losing streak
Here are some highlights:
–FMCG stocks continue to gain momentum — Tata Consumer, HUL among top gainers
–Auto stocks surge on positive brokerage note — Eicher, M&M, Tata Motors jump
–Life insurer stocks gain on reports of IRDAI setting growth target — SBI Life up two percent
–Metal stocks weak as China reports GDP below estimates — Nifty Metal falls one percent
–IT stocks under pressure on weak outlook — HCL Tech among top Nifty losers
–Syngene gains four percent following 10-year agreement with animal health company Zoetis
–TVS Motor, BEL, Cummins, Cholamandalam Investment, Bosch, PI Industries top midcap gainers
–Market breadth favours the bulls — advance-decline ratio at 1:1
–Rupee falls nearly one percent for week