Heavy buying in banking, capital goods and IT bluechips helped the Sensex rebound over 164 points on Friday amid a strong show in global markets, helping the Bombay Stock Exchange (BSE) benchmark to register its first weekly gain in four.
The 30-share BSE index, which had lost 186.33 points in the previous trading session, recovered 164.11 points, or 0.80 per cent, to end at 20,700.75. Intra-day, it moved between 20,599.91 and 20,725.04 range.
Axis Bank, L&T, ITC and Tata Steel led the 21 Sensex gainers. Bharti Airtel was the biggest among nine laggards.
Friday's Sensex gain is its fifth rise in six days and drove the index to end 333.93 points higher for the week, which saw optimism over interim budget announcements. It had shed points in each of the previous three weeks. The 50-scrip NSE index Nifty on Friday regained the key 6,100 level by rising 64 points, or 1.05 per cent, to end at 6,155.45. For the week, the NSE barometer
gain 107.10 points.
The 30-share BSE index, which had lost 186.33 points in the previous trading session, recovered 164.11 points, or 0.80 per cent, to end at 20,700.75. Intra-day, it moved between 20,599.91 and 20,725.04 range.
Axis Bank, L&T, ITC and Tata Steel led the 21 Sensex gainers. Bharti Airtel was the biggest among nine laggards.
Friday's Sensex gain is its fifth rise in six days and drove the index to end 333.93 points higher for the week, which saw optimism over interim budget announcements. It had shed points in each of the previous three weeks. The 50-scrip NSE index Nifty on Friday regained the key 6,100 level by rising 64 points, or 1.05 per cent, to end at 6,155.45. For the week, the NSE barometer
gain 107.10 points.