The Sensex was down by 13.89 points or 0.04 per cent at the Wednesday's closing.
Getting off the ground on a strong footing, the 30-share index rose further by 210.68 points, or 0.67 per cent, to hit a new peak of 31,494.32, breaking its previous life-time high (intra-day) of 31,430.32 reached on June 6. Meanwhile, the broad based NSE Nifty fell by 55.05 or 0.57% at 9,574.95 with 38 components registering drop.
Trump tells senators House health bill 'mean'
Trump's comments were described by people who received accounts of a White House lunch Trump had Tuesday with 15 GOP senators. The bill was prewritten by leadership, approved by the relevant House committees, passed by the House and sent to the Senate.
Analysts owed the slump to profit booking ahead of a longer weekend as the market will stay closed on Monday on occasion of Eid. Market was extremely volatile in the week with Sensex hitting record high and breaching 31,500 on Thursday.
The NSE Nifty, however, ended down 3.60 points, or 0.04 per cent, at 9,630.
Fed: Biggest US banks strong enough to withstand recession
Bank executives and many investors hope the Fed will allow lenders to put a lot more capital toward stock buybacks and dividends. With the Dodd-Frank results in hand, now banks have the option of revising their capital plans before CCAR is released.
Sector wise, the BSE auto index lost 1.54 per cent, PSU 1.50 per cent, oil&gas 1.13 per cent, consumer durables 1.09 per cent, capital goods 1.04 per cent, realty 0.89 per cent and bankex 0.74 per cent. Sentiment turned for the better after data showed that foreign institutional investors (FIIs) and domestic institutional investors (DIIs) emerged net buyers on the bourses yesterday.
Asian markets were mixed, but remained on track for a weekly gain while crude oil prices started pulling away from this week's 10-month lows. BSE Small-cap index closed lower by 1.46% at 15,381.
Whole Foods Markets to be Acquired by Amazon
Whole Foods shares were trading just above that level on Friday, as investors saw negligible regulatory risk to the deal closing. So news that Amazon has bought USA supermarket chain Whole Foods for $13.4bn is interesting but perhaps not surprising.