A volatile market pushes benchmark indices lower on Friday
Sensex fell 46.44 points to 28077 and Nifty fell 6.35 points to 8666.90 on Friday.
Key top gainers included SBI, BHEL, Tata Steel, L&T, HUL and Cipla.
Coal India, TCS, Lupin, Wipro, Sun Pharma and M&M were some of the key stocks that fell on Friday.
According to media reports, strong buying by jewellers in domestic markets to meet festive season demand acted positively for the gold market as price of the precious metal rallied by Rs 100 to Rs 31,250 per 10 grams at the bullion market on Friday despite weakening in overseas markets.
The boards of State Bank of India (SBI) and its five associate banks approved the swap ratio for the merger of these banks with SBI, according to media reports.
Image: Wikimedia Commons
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