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Hi friends! You are listening to ETMarkets Evening Podcast.
This is Abhinav Kaul, getting you a snapshot of today's trading, plus detailed insights from market analysts.
At no stage during the day, the market made any pullback worth its name.
In the end, stock benchmarks settled little changed from their previous levels.
The BSE Sensex finished just 12 points down at 34,415 while NSE's Nifty lost 1.25 points at 10,564.
However, for both, it turned out to be the fourth consecutive weekly gain.
Investors were a little anxious after the RBI minutes of the policy meeting fuelled expectations of an interest rate hike.
The NSE IT index climbed 5 per cent, with top IT exporter TCS marking its record closing high on solid Q4 numbers.
Let's listen in to what G Chokkalingam of Equinomics Research has to say on fundamentals.
Byte 1: Chokkalingam
IT firm Mindtree witnessed the biggest spike in open interest at 29.71 per cent, followed by Oracle Financial Services (28.57 per cent) and Canara Bank (24.92 per cent).
Chandan Taparia of Motilal Oswal will tell us more on technicals.
Byte 2: Chandan Taparia
That's all for now folks.
Do check out ETMarkets.com for detailed market analysis and come back for our special weekend podcast on Saturday and regular morning podcast on Monday.
Have a wonderful weekend ahead.
