Benchmark indices remained in tight range as the domestic market awaits the UK election result, which left no single party with a clear claim to power. The breadth, indicating the overall health of the market, was positive as nifty ended with marginal gains. Nifty ended the last trading session of the week at 9682.90.
The Realty and metal stocks were the major gainers of the day while IT stocks were the lossers for the day.
Global Markets Update
Airbus raised its 20-year forecast for aircraft demand on Friday to 34,170 jetliners and 730 freighters worth $5.3 trillion while trimming its traffic growth outlook.
Japan’s Nikkei rose on Friday as index-heavyweight SoftBank soared more than 7 percent after its unit agreed to buy a robotics firm, but traders said a seemingly shock election result in the UK put investors on edge.
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