Lok Sabha Election Exit Poll Results 2019: Asian markets were mixed on Friday as another rally on Wall Street and data indicating a strong US economy were offset by the increasingly tense trade and technology stand-off between China and the US. While Japanese stocks rose, bourses in China and Korea ended in the red.
Sensex was trading higher by 63.75 points at 36,699.85 while Nifty was quoted higher by 6.80 points at 11,059.80. The rupee appreciated by 30 paise to 69.98 against the US dollar in opening trade Thursday.
After opening on strong footing, the Sensex advanced to hit a high of 34,808.42 on buying momentum after retail investors returned to the market. It later gave up some of the gains, but still ended notably higher by 732.43 points, or 2.15 per cent, at 34,733.58.
FMCG, capital goods, oil and gas, PSU and IT indices ended in the red, falling up to 0.36 per cent. The broader markets too were in better shape as investors accumulated stocks available at attractive levels.
The 30-share index was trading higher at 35,029.53, showing a gain of 123.42 points, or 0.35 per cent at 1055 hrs. The broader Nifty-50 index too was trading above the key 10,600-level at 10,649.50, up 35.15 points, or 0.33 percent.
The broader NSE Nifty closed lower by 79.70 points, or 0.75 per cent, at 10,516.70, after hovering between 10,621.70 and 10,505.80. A plunge in the rupee's value and sustained foreign fund outflows added to the gloom.