Sectorally, public sector banks gained the most, with the index closing 1.5 per cent higher. This was followed by Nifty auto index, up 1.15 per cent.

markets

<div>
	Markets ended flat on Friday dragged by uncertainty over announcement of any revival package by the government and weak global cues. Indices remained lacklustre for better part of the day, only to turn volatile in the afternoon trading session.</div>
<br />
<div>
	The benchmark S&P BSE Sensex settled with gains of 39 points, or 0.10 per cent, at 37,350 levels led by banking and automobile stocks. The gains were, however, capped by losses in the technology and metal scrips. Power Grid, Maruti Suzuki, YES Bank, and IndusInd Bank were the top gainers at the 30-share index, while TCS, Vedanta, HCL Tech, and HDFC were the top laggards. The broader Nifty50, too, closed at 11,048-mark, up 18 points or 0.17 per cent. The Sensex and Nifty, each, slipped 0.6 per cent during the week, while Nifty Bank and mid-cap indices shed 1 per cent each during the period.</div>
<br />
<div>
	Sectorally, public sector banks gained the most, with the Nifty PSU Bank index closing 1.5 per cent higher. This was followed by Nifty auto index, up 1.15 per cent. Nifty IT and pharma indices ended with cuts of 0.65 per cent and 0.77 per cent, respectively.</div>
<br />
<div>
	In the intra-day trade, the Sensex and Nifty50 slumped to lows of 36,974 and 10,924 levels, down 337 points and 105 points respectively.</div>
<br />
<div>
	In the broader market, S&P BSE mid-cap ended the day at 13,491 level, up 14 points or 0.10 per cent. Further, S&P BSE small-cap settled at 12,585 level, up 14 points, or 0.11 per cent.&nbsp;<br />
	<br />
	<strong>BUZZING STOCKS</strong><br />
	<br />
	<div>
		Shares of Aarti Industries slipped 8 per cent to Rs 1,595 on the BSE in the intra-day trade on Friday. The stock fell 9 per cent from its early morning high on profit-booking after the management lowered FY20 revenue/profit guidance considering slowdown in end-use industries. The stock closed at Rs&nbsp;1591, down 8 per cent. <strong><a href="https://orgbs.business-standard.com/article/markets/aarti-industries-falls-on-profit-booking-post-q1-results-1-1-bonus-issue-119081601259_1.html" target="_blank">READ MORE</a></strong><br />
		<br />
		Shares of Apollo Hospitals Enterprises rallied 7 per cent intra-day to Rs 1,454 apiece on the BSE on Friday, also its 52-week high, on strong June quarter results for FY20 (Q1FY20). The stock has surged 10 per cent at the bourses since Tuesday, when it reported more than double consolidated net profit at Rs 49 crore. The company had a profit of Rs 23 crore in the year-ago quarter. The stock is 6 per cent away from its all-time high level of Rs 1,544 touched on March 2, 2016. It ended at Rs&nbsp;1471, up 8 per cent. <a href="https://orgbs.business-standard.com/article/markets/apollo-hospitals-up-10-in-two-days-on-strong-q1-results-nears-record-high-119081600787_1.html" target="_blank"><strong>READ MORE</strong></a></div>
</div>
<div>
	<strong>GLOBAL CUES</strong></div>
<br />
<div>
	World stocks rose on Friday as expectations grew of further stimulus by central banks, offsetting worries about slowing economic growth, which intensified this week as the US yield curve inverted for the first time since 2007.</div>
<br />
<div>
	European shares opened higher, with the pan-European STOXX 600 index 0.7 per cent higher and the trade-sensitive DAX index outperforming.</div>
<br />
<div>
	Japan&rsquo;s Nikkei recouped early losses to end 0.06% higher and Shanghai blue chips rose 0.3 per cent, after China&rsquo;s state planner said Beijing would roll out a programme to boost disposable income.</div>
<br />
<div>
	MSCI&rsquo;s All Country World Index, which tracks equities across 47 countries, was up 0.2 per cent on the day. It was still set for its third straight losing week, down 2.2 per cent.<br />
	<br />
	<em><strong>(With inputs from Reuters)</strong></em></div>

MARKET WRAP: Sensex settles 39 pts higher; IT, pharma stocks decline

Business Standard

MARKET WRAP: Sensex settles 39 pts higher; IT, pharma stocks decline | News on Markets - Business Standard

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YES Bank pares early gains; trades 2% higher

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Indiabulls Housing Finance slips 8% after ratings downgrade

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Hero Moto Corp slips in trade after it announces closure of manufacturing facilities b/w Aug 15-18

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Sectoral trends at NSE during Opening trade

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Top gainers and losers on S&P BSE Sensex during Opening trade

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PM holds meet with Sitharaman and officials to weigh booster dose options

<div>
	Prime Minister (PM) Narendra Modi on Thursday met Finance Minister Nirmala Sitharaman and officials of her ministry to find solutions to the economic slowdown that has eroded wealth and hit jobs. Sources said the government might soon provide a broad stimulus package or a sector-specific booster dose.</div>
<div>
	&nbsp;</div>
<div>
	There might also be some relief to foreign portfolio investors from the super-rich surcharge, announced in the Budget. <a href="https://www.business-standard.com/article/economy-policy/pm-holds-meet-with-sitharaman-and-officials-to-weigh-booster-dose-options-119081600016_1.html?1565927008" target="_blank"><strong>READ MORE</strong></a><br />
	<div style="float: left; max-width: 600px;">
		<img align="" alt="" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2019-06/22/full/1561227758-1242.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="" width="620" /></div>
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Rupee opens weaker at 71.36/$ vs Wednesday&#39;s close of 71.27 against the US dollar

Top gainers and losers on S&P BSE Sensex during Pre-open

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MARKET WRAP: Sensex settles 39 pts higher; IT, pharma stocks decline

Sectorally, public sector banks gained the most, with the index closing 1.5 per cent higher. This was followed by Nifty auto index, up 1.15 per cent.

Repco Home Finance trades lower

Market check | Sensex slips further

YES Bank pares early gains; trades 2% higher

Maruti Suzuki trades lower

Indiabulls Housing Finance slips 8% after ratings downgrade

Hero Moto Corp slips in trade after it announces closure of manufacturing facilities b/w Aug 15-18

IDBI Bank slips 10% on weak Q1 nos

Sectoral trends at NSE during Opening trade

Top gainers and losers on S&P BSE Sensex during Opening trade

Market at Open

Market at Open

PM holds meet with Sitharaman and officials to weigh booster dose options

Rupee opening

Top gainers and losers on S&P BSE Sensex during Pre-open

Market at Pre-open