Mumbai: In the corporate results season, funds were bullish on results from IT comp.es and even as banking-finance comp.es had good overall results, funds faced a decline in finance today after IndusInd Bank results. Bajaj Finance, Bajaj Finserv. Stocks ended the week ending five consecutive days of index-based gains.
Domestically, the Indian stock market was in sharp contrast today with big profit-booking, despite an overall uptrend in Asia-Pacific, European countries and strong futures in the US markets led by encouraging results from Google’s parent company Alphabet and Microsoft. However, strong results from comp.es including Maruti Suzuki and IT majors Tech Mahindra, Wipro among others prevented a major decline in strength. Sensex fell 609.28 points to 73730.16 and Nifty fell 150.40 points to 22419.95.
