Regional
The raid highlights continued efforts to crack down on illegal betting networks operating in the region.
Digital Desk: Based on input, a raid was conducted at the Birubari market, police arrested a known veteran person involved in betting
The Nifty Pharma index was the hardest impacted, down over 2% on the NSE, while the Nifty Bank index gained the most, up 0.75 percent.
Digital Desk: On Friday,
the S&P BSE Sensex traded in violent swings as investors remained concerned
about the global growth outlook. The 30-pack index fluctuated 732 points
intraday before settling at 51,360, down 135 points, or 0.26 percent.
Meanwhile, the NSE Nifty50 ended the day at 15,294, down 67
points or 0.44 percent. The top Nifty gainers were Bajaj twins, Coal India, JSW
Steel, Apollo Hospitals, ITC, ICICI Bank, RIL, and HDFC Bank, which all rose
between 0.8 and 3%.
Titan Company, Wipro, HDFC Life, Shree Cement, BPCL, Dr
Reddy's Labs, and Asian Paints, on the other hand, were the biggest drags,
falling up to 6%.
The
Nifty Pharma index was the hardest impacted, down over 2% on the NSE, while the
Nifty Bank index gained the most, up 0.75 percent.
The
BSE MidCap and SmallCap indices lagged the benchmarks and fell by up to 0.9
percent in the broader markets.
Global markets
European
markets were higher on Friday, but the week ahead looked bleak as global stocks
reacted to major central banks' policy tightening. Following an uncertain
start, the Stoxx 600 index rose 0.8% in early trade.
Futures
linked to headline indexes advanced between 0.8 and 1.2 percent on Wall Street.
Earlier in Asia, the Nikkei sank around 2%, the Kospi fell 0.43 percent, and
the Hang Seng rose 1%.
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