The domestic equity market remained indifferent to an uptick in global stocks.
YES Bank, Hindustan Unilever, Asian Paints, Sun Pharma were among Sensex gainers.
Credit Suisse said Indian equities have run well ahead of fundamentals.
Macro triggers, global cues & rupee's health will influence equity market next week.
BSE Midcap and Smallcap indices outperformed Sensex, gaining 1.62% and 1.38%, respectively.
Buildup of fresh positions by DIIs ahead of July IIP and August CPI data influenced sentiment.
Lingering trade war worries, wobbly crude oil prices and turmoil in EMs weighed on sentiment.
The rupee saw sharp fall in the afternoon session and plunged as much as 19 paise.
An unabated fall in the rupee and uptick in oil prices were the factors that hit sentiment.
Analysts say the market is likely to turn volatile during the coming week.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon