Sensex, Nifty post best week since early September as Omicron concerns ease

Benchmark indexes rose for a fifth session in six, with the NSE Nifty 50 index ending up 0.38% at 17,812.70, and the S&P BSE Sensex rising 0.24% to 59,744.65.

Indian shares rose on Friday to post their best week since early September, as banking and energy stocks gained following reduced concerns over the severity of the Omicron coronavirus variant.

Benchmark indexes rose for a fifth session in six, with the NSE Nifty 50 index ending up 0.38% at 17,812.70, and the S&P BSE Sensex rising 0.24% to 59,744.65. Both indexes had slumped more than 1% in the previous session.