| "Cues from the global markets have changed from weak to stable in the last couple of days and this helped our market for most of the day. But we could not close in the positive as people squared off positions due to the weekend factor," a dealer said. |
| Market was up 1 per cent for most of the day on strength in the Asian and US markets, and as inflation rate for week ended June 2 was 4.80 per cent, lower than 4.85 per cent a week earlier. |
| The Bombay Stock Exchange's 30-share Sensex ended at 14162.71, down 41.01 points or 0.3 per cent from Thursday. Intraday it moved between 14112.53 and 14326.55. |
| The National Stock Exchange's 50-share Nifty ended at 4171.45, up 1.45 points. |
| Intraday it moved between 4153.70 and 4209.45. |
| Turnover on both the exchanges was roughly Rs 14,600 crore compared with Rs 12,800 crore on Thursday. |
| The CNX Midcap Index was up 1 per cent and S&P CNX 500 Index ended up 0.5 per cent. |
| Suzlon Energy, up 6 per cent at Rs 1,387, was the top Nifty gainer after Citigroup upgraded the stock to "buy" from "sell", and raised its price target by 29 per cent to Rs 1,700. |
| Bharat Heavy Electricals extended gains for the second straight session and ended up 3 per cent at Rs 1,392 on reports on Thursday the company has bagged a Rs 430 crore order from Indian Oil Corp. |
| GlaxoSmithKline Pharmaceuticals and Tata Power Supply Co, up 2 per cent each at Rs 1,310 and Rs 593, respectively, were other major Nifty gainers. |
| SpiceJet ended up merely 1 per cent at Rs 57 after officials of Jet Airways and |
| Kingfisher Airlines declined that there were eyeing stake in the company. |
| The stock surged 10 per cent early today on reports Kingfisher Airlines and Jet Airways were in race to buy stake in the company. |
| Bank shares also gained as soft inflation data eased concerns over a likely hike in cash reserve ratio by the Reserve Bank of India, analysts said. |
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