The Nifty closed at 15,699.25, up 142.60 points or 0.92 per cent.
Benchmark equity indices Sensex and Nifty rose nearly 1 per cent on Friday, rising for the second day after buying in banking, financial and energy stocks in line with strong global trends.
The 30-share BSE Sensex closed at 52,727.98, up 462.26 points or 0.88 per cent. During the day, it closed 644.15 points or 1.23 per cent higher at 52,909.87.
The Nifty closed at 15,699.25, up 142.60 points or 0.92 per cent. On Thursday, the Sensex and Nifty had gained about 1 per cent. M&M, IndusInd Bank, Bajaj Finance, Hindustan Unilever, ICICI Bank, Bharti Airtel, Reliance Industries and Tata Steel were major gainers from the Sensex pack.
On the other hand, Tech Mahindra, Infosys, HCL Technologies, TCS, Wipro and Sun Pharma were among the laggards. Elsewhere in Asia, markets in Tokyo, Seoul, Hong Kong and Shanghai ended with gains. European markets were also trading in green in mid-session deals. On Thursday, the US markets closed with gains.
Vinod Nair, Head of Research, Geojit said, “Considering the firming trend in global markets and in response to the fall in commodity prices, the domestic market maintained a positive trend. The rally was supported by broad-based buying excluding IT. ” financial Services. International oil benchmark Brent crude rose 1.11 per cent to $111.27 a barrel.
Foreign institutional investors (FIIs) remained net sellers in the capital market as they sold shares worth Rs 2,319.06 crore on Thursday, according to exchange data.
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