Indian share benchmark indices closed gains to end over 4-month high on Friday led by buying in banking, energy, infra and metal stocks. The BSE Sensex ended 1.50-pc or 548.46-points higher at 37,020.14 while the NSE Nifty surged 1.51-percent or 161.75 points to settle at 10,901.70.
Impressive corporate earnings thus far recorded and excess of global liquidity helped markets gain for the fifth week in a row, On a weekly basis, both Sensex and Nifty gained over 1.2 percent each. Get the updated Best stock to buy and Free Nifty option tips from the expert.
Reliance, Bajaj Finance, HDFC Bank, among others helped Nifty end above 10,900 levels. Buying was picked up across sectors led by Nifty Pvt Bank, Financial Services, Metals and Auto. However, the Nifty IT index was the only to end in the red.