Sensex ends 214 points higher; Nifty tops 11,350

Sensex ends 214 points higher; Nifty tops 11,350

Home fairness benchmark Sensex jumped 214 factors on Friday, led by shopping for in index-heavyweights HDFC twins and Asian Paints amid a rebound in world markets.

After rallying 359 factors throughout the day, the 30-share BSE index ended 214.33 factors or 0.56 per cent greater at 38,434.72. The NSE Nifty rose 59.40 factors or 0.53 per cent to shut at 11,371.60.

NTPC was the highest gainer within the Sensex pack, rallying round 5 per cent, adopted by PowerGrid, Asian Paints, HDFC Financial institution, Solar Pharma, Nestle India, SBI and Axis Financial institution.

Then again, ONGC, Bharti Airtel, Tata Metal and Reliance Industries have been among the many laggards.

Whereas stock-specific motion drove benchmarks greater, home market sentiment was additionally buoyed by constructive development in world equities, merchants stated.

Bourses in Shanghai, Hong Kong, Tokyo and Seoul ended with vital positive factors.

Inventory exchanges in Europe have been additionally buying and selling within the constructive terrain in early offers.

World oil benchmark Brent crude was buying and selling 0.71 per cent decrease at USD 44.58 per barrel.

Within the foreign exchange market, the rupee settled 18 paise greater at 74.84 in opposition to the US greenback.

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