On Friday, the Sensex climbed over 460 points to reclaim the 61,000 mark, while the Nifty closed above the 18k mark, fueled by strong buying in index heavyweights Reliance Industries and ITC amid fresh foreign fund inflows.
The 30-share BSE Sensex rallied for the fifth session in a row, rising 463.06 points, or 0.76 percent, to settle at 61,112.44. It rose 560.08 points, or 0.92 percent, to 61,209.46 during the day.
The broader NSE Nifty rose 149.95 points, or 0.84 percent, to 18,065.
Wipro rose 2.89 percent to lead the Sensex pack, followed by Nestle, State Bank of India, Larsen & Toubro, ITC, Tech Mahindra, Reliance Industries, Kotak Mahindra Bank, and Bajaj Finance.
Axis Bank, HCL Technologies, Titan, Hindustan Unilever, Bajaj Finserv, and ICICI Bank, on the other hand, were the major laggards, with losses of up to 2.39 percent.
Seoul, Japan, Shanghai, and Hong Kong all finished in the green in Asian markets.
Europe’s stock markets were trading lower. On Thursday, US markets finished with significant gains.
On Thursday, the BSE benchmark rose 348.80 points, or 0.58 percent, to 60,649.38. The Nifty ended the day up 101.45 points, or 0.57 percent, at 17,915.05.
Meanwhile, Brent crude, the global oil benchmark, rose 0.45% to USD 78.72 per barrel.
According to exchange data, Foreign Institutional Investors (FIIs) bought equities worth Rs. 1,652.95 crores on Thursday.
