Sensex rises 34 points; IT, healthcare companies gain - Livemint

Shares of information technology and healthcare companies rose. Photo: AFP

Mumbai: The 30-share benchmark S&P BSE Sensex provisionally ended flat on Friday. Shares of capital goods companies declined, while those of information technology (IT) and healthcare firms rose.

The Sensex provisionally closed 0.06%, or 13.91 points, lower at 22,403.89, while the National Stock Exchange's broader 50-share CNX Nifty lost 0.03%, or 2.15 points, to provisionally end at 6,694.25.

Among gainers, Tata Power Co. Ltd jumped 2.31% to Rs.79.85, Infosys Ltd rose 1.35% to Rs.3,220, Tata Consultancy Services Ltd (TCS) climbed 1.17% to Rs.2,215, Cipla Ltd added 0.80% to Rs.401.20, while Dr. Reddy's Laboratories Ltd advanced 1.28% to Rs.2739.95.

Among losers, Tata Steel Ltd retreated 2.46% to Rs.390.75, Larsen and Toubro Ltd (L&T) fell 2.50% to Rs.1,263.15, while shares of Hindalco Industries Ltd shed 1.82% to Rs.132.25 after Central Bureau of Investigation (CBI) questioned former coal secretary P.C. Parakh in connection with a case of allegedly abusing his official position to grant a Odisha-based coal block to Hindalco.

The S&P BSE IT index was the top sectoral gainer, up 1.09%, followed by the S&P BSE Healthcare index that rose 0.93%. The S&P BSE Capital Goods lost 1.78%, the most among sectoral indices.

The HSBC Manufacturing Purchasing Managers' Index (PMI), compiled by Markit and which gauges business activity in Indian factories but not its utilities, was at 51.3 in April, identical with the March level.

Since the beginning of this year, the BSE Sensex has gained 6.25%, while foreign institutional investors have bought $5.2 billion from local equity markets.

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