Markets begin July series on positive note ahead of GST launch

Stock markets showed some strength on Friday as the Sensex and the Nifty ended the day on a high, but registered losses for the week, ahead of GST rollout.

Markets begin July series on positive note ahead of GST launch

Mumbai: Stock markets showed some strength on Friday as the Sensex and the Nifty ended the day on a high, but registered losses for the week, ahead of GST rollout.

Today was the opening day of July series derivatives contracts.

The 30-share Sensex stayed in the negative zone for most part, but some fag-end buying saw it settle higher 64.09 points, or 0.21 per cent, at 30,921.61.

It had gained 23.20 points in the previous session.

The 50-share NSE Nifty too ended higher by 16.80 points, or 0.18 per cent, at 9,520.90, after touching a low of 9,448.75 and 9,535.80.

For the week, the Sensex recorded a fall of 216.60 points, or 0.69 per cent, while the Nifty lost 54.05 points, or 0.56 per cent.

FMCG, healthcare and consumer durable stocks saved the day for the market.

Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.