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Markets at Close: Nifty holds 15,700 as pharma outperform, Rupee falls to 2-month low

Pharma and smallcap stocks outperform as markets snap 4 day losing streak.

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      The markets ended in the green with Nifty holding onto the 15,700 mark. Here are the highlights of trade on Friday-:

      • Markets snap 4 day losing streak, Nifty ends the day near the day's highest point
      • Reliance, ICICI Bank were the biggest index movers while pharma stocks outperformed the benchmark
      • Metals remained under pressure with JSW, Tata Steel, Hindalco leading the losses on the index
      • Trading action was skewed towards small-cap stocks as hefty buying in Mangalam Cement, Omaxe, OnMobile Global, Route Mobile, and Indoco Remedies
      • Rupee fell to over a 2-month low, down 1% against the dollar for the week.

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