Markets gain for 2nd day; Sensex, Nifty climb nearly 1% amid firm global trends
The Hindu
Sensex advanced by 462.26 points to settle at 52,728, while Nifty gained 142.60 points to settle at 15,699.
Benchmark equity indices Sensex and Nifty rose by nearly 1% on Friday, extending gains for a second day on the back of buying in banking, financials and energy stocks in line with firm global trends.
The 30-share BSE Sensex advanced further by 462.26 points or 0.88% to settle at 52,727.98. During the day, it rallied 644.15 points or 1.23% to 52,909.87.
The Nifty gained 142.60 points or 0.92% to settle at 15,699.25. Sensex and Nifty had recovered nearly 1% Thursday.
From the Sensex pack, M&M, IndusInd Bank, Bajaj Finance, Hindustan Unilever, ICICI Bank, Bharti Airtel, Reliance Industries and Tata Steel were the major gainers.
On the other hand, Tech Mahindra, Infosys, HCL Technologies, TCS, Wipro and Sun Pharma were the laggards.
Elsewhere in Asia, markets in Tokyo, Seoul, Hong Kong and Shanghai ended with sharp gains.
European markets were also trading in the green in mid-session deals.
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