• Source:JND
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Stock Market:  Equity market benchmarks Sensex and Nifty took a breather on Friday after hitting record highs in the previous session, and ended marginally lower as gains pared. Sensex, the index of the top 30 shares on BSE, fell 71.77 points, or 0.09 percent, to close at 82,890.94 in choppy trade. During the day, it soared 309.49 points, or 0.37 percent, to 82,653.22. while, the Nifty, the index of top 50 stocks on NSE, fell 32.40 points, or 0.13 percent, to 25,356.50.

Adani Ports was the biggest laggard in the Sensex pack, falling 1.37 percent, followed by ITC, NTPC, Asian Paints, Maruti, Bharti Airtel, Sun Pharma, Power Grid, Hindustan Unilever, and Larsen & Toubro.

Meanwhile, Bajaj Finserv, IndusInd Bank, Axis Bank, Tata Steel, Bajaj Finance, and Tech Mahindra were among the gainers. In Asian markets, Tokyo and Shanghai settled lower, while Seoul and Hong Kong ended in the green.

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Retail inflation rose to 3.65 percent in August, though prices of vegetables and pulses rose in double digits, official data released on Thursday showed. Retail inflation, however, remained below the Reserve Bank’s median target of 4 percent for the second consecutive month. In July, it stood at a five-year low of 3.6 percent.

Markets in Europe traded in a narrow range during mid-session deals. US markets ended with gains on Thursday. A sharp fag-end rally on Thursday took the BSE benchmark to the 83,000 level for the first time. The barometer rose 1,593.03 points, or 1.95 percent, to hit an all-time intra-day high of 83,116.19 points. It had gained 1,439.55 points or 1.77 percent to close at a record high of 82,962.71.

The NSE Nifty rose 470.45 points, or 1.89 percent, to close at a record high of 25,388.90. The index jumped 514.9 points, or 2 percent, to hit a fresh all-time intra-day high of 25,433.35. According to exchange data, foreign institutional investors bought equities worth Rs 7,695 crore on Thursday.

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(With PTI's Input)

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