A morning walk down Dalal Street | Minor pullback likely in metal, auto, cement & pharma sectors

Episode 741,   Dec 28, 2018, 01:35 AM

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After closing the December series on a positive note, investors for the new series is likely to focus on movements on global markets as well as crude.

On Thursday, a sell-off in banks and automobiles, among others weighed on indices. 

Shares began on a much higher note as global cues favoured the rally in Indian indices.

At the close of market hours, the Sensex was up 157.34 points or 0.44% at 35807.28, while the Nifty was higher by 49.90 points or 0.47% at 10779.80. The market breadth was narrow as 1313 shares advanced, against a decline of 1233 shares, while 181 shares were unchanged. 

Crude and rupee’s trajectory will be crucial for the market, going ahead.