NSE Nifty closed flat at 9173 levels. Nifty closes without any change for the first time ever since October 27, 2016. BSE Sensex closed at 29,620 levels, down by 26.9 points or 0.09%.
Reliance Industries Limited's (RIL's) stock jumped to a 9-year high of Rs 1337.65 per share on the NSE, as the investors are looking forward to the release of data related to total number of subscribers for Jio’s prime membership.
RIL stock witnessed sharp surge in closing hours and lifted the Nifty and Sensex from red zone to green zone for few minutes of closing hour.
The Bank Nifty index on Friday’s trade discontinued its 3-day gaining streak to close lower by 176 points at 21444 levels.
Fertiliser stocks rallied on the bourses in the opening session owing to talks in the market related to the changes to the National Urea Policy by the Cabinet. FACT (Fertiliser and Chemicals Travancore) closed higher by 13% at Rs 41.6 per share, RCF closed higher by 9.4% at Rs 81.75 per share.
There were 934 advances, 697 declines and 293 unchanged stocks on NSE, reflecting slightly bullish undertone floating in the market.
Reliance industries was the top Nifty gainer whereas, Axis bank was the top Nifty loser in Friday’s trading session.
The BSE Mid-cap Index closed up 0.7% at 14096 whereas, BSE Small-cap Index closed up 0.7% at 14433.
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