Sensex zooms 290 points, Nifty tops 10,800-mark; metal, banking, capital goods, energy stocks in demand

Mumbai: The BSE Sensex rebounded by about 290 points on Friday, while the Nifty retook the 10,800-mark on robust buying in metal, banking, capital goods and energy stocks.

A firm trend at other Asian markets and positive opening of European shares, tracking overnight gains at the Wall Street, also bolstered sentiments, brokers said.

Representational image. Reuters.

Representational image. Reuters.

The BSE Sensex stayed in the positive terrain throughout the session and hit a high of 35,596.15 before finishing at 35,535.79 -- a rise of 289.52 points, or 0.82 percent.

The broader NSE Nifty scaled a high of 10,812.05 before closing 89.95 points, or 0.84 percent, higher at 10,806.50.

On a weekly basis, the Sensex gained 620.41 points, or 1.78 percent, while the Nifty advanced 188.25 points, or 1.77 percent.

Meanwhile, domestic institutional investors (DIIs) bought shares worth a net Rs 900.69 crore, while foreign portfolio investors (FPIs) sold equities worth Rs 364.88 crore yesterday, as per provisional data.


Updated Date: May 11, 2018 15:57 PM

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