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Equity indices end in green as auto stocks surge, rupee recovers (Second Lead)

Friday - September 7, 2018 4:28 pm , Category : BUSINESS
 Equity indices end in green as auto stocks surge, rupee recovers (Second Lead)
Equity indices end in green as auto stocks surge, rupee recovers (Second Lead)
Mumbai Sep 7 (IANS) The key Indian equity indices closed in the green on Friday supported by healthy buying activity in the auto stocks and a recovery in the rupee from its from its previous close.
The rupee traded around 71.70 per dollar (3.50 p.m.) against the previous close of 71.99 per greenback.
Healthy buying was witnessed in the auto index which surged by 501.93 points followed by metal and healthcare indices.
At 3.30 p.m. the Nifty50 on the National Stock Exchange provisionally closed at 11 589.10 points higher by 52.20 points or 0.45 per cent from its previous close of 11 536.90 points.
The benchmark S&P BSE Sensex which had opened at 38 314.55 points provisionally closed at 38 389.82 points higher by 147.01 points or 0.38 per cent from the previous close of 38 242.81 points.
It touched an intra-day high of 38 421.56 points and a low of 38 067.22 points.
The top gainers on Sensex were Bharti Airtel Hero MotoCorp Bajaj Auto Mahindra and Mahindra Tata Motors (DVR) while Yes Bank Power Grid State Bank of India Adani Ports and Sun pharma were among the major losers.

--IANS ravi-rrb/vm