Stocks fell on Wednesday after concerns over inflation, which hit a 28-month high in May, sparked off a selling spree amid the market buzz the upcoming budget is going to be a punishing one, traders.
Stocks booked more losses on Thursday as rupee was further dwarfed by the dollar amid anxiety over rising bond yields that might strengthen a case for monetary tightening, traders said.Pakistan.
Stocks on Friday ended higher with decent gains as late profit-taking eroded early gains, while consistent rupee recovery stoked hopes that the economy was somewhat back on track, traders.