💨 Abstract

The BSE Sensex and Nifty rose on Friday due to gains in auto and banking shares, despite investor caution over FII outflows and a record low rupee. The auto index outperformed, with expectations of increased December volumes and valuation comfort. However, metal, oil & gas, power, energy, and commodities declined. Foreign investors offloaded equities worth Rs 2,376.67 crore on Thursday.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖