Et Market Watch: Markets Snap 6 weeks Losing Streak; IT & Pharma Lead Winins | The Economic Times Podcast

Et Market Watch: Markets Snap 6 weeks Losing Streak; IT & Pharma Lead Winins | The Economic Times Podcast

1 minute, 10 seconds Read

Hello, you listen to ET -Markten Radio, I am your host Neha v Mahajan. Welcome to a new episode of Et Market Watch – where we bring you the latest news from the world of stock markets every day. Let’s go there:

The Indian markets broke a loss of six weeks on Thursday and close slightly higher in a volatile session. Winning and pharmaceutical shares – increased by softer American inflation data and the expansion of the US’s tariff – China – helped the weakness in metal and energy.

The Sesex added 58 points to close to 80,598 and the Nifty rose 12 points to 24,631. Both benchmarks won about 1% this week.

Infosys climbed by 1.5% after buying an interest in the versatile group of Australia, while Apollo hospitals rose by 10% for the week about strong income – runs best in almost four years.

Wider markets also stood up, with middle and small caps that achieve almost 1%.

Carefully stuck before the US -Russia Summit of 15 August, with concern about possible secondary rates on Indian goods failed as conversations. Markets will be closed on Friday for Independence Day.

Global shares pauted after touching record highs, where investors pending the price data of the American producers. Brent Crude rose to $ 66.08 per barrel and the rupid finished weaker at 87.55 against the dollar despite an S&P credit -upgrade for India.

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