Domestic equities opened on a firm note Friday as the benchmark BSE Sensex surged over 150 points on the back of continued foreign fund inflow and appreciating rupee.
The equity benchmark Sensex dived about 346 points owing to an intense fag-end selling mainly in auto and energy stocks as fresh worries about weakening rupee and rising crude oil prices resurfaced.
India's key equity indices oscillated in a thin range during the holiday-shortened week (November 5-9), ending with slight gains, as investors keep an eye out on a string of assembly polls lined up this month and the next.
Benchmark Sensex rallied 310 points to reclaim the 35,000-mark in the opening trade of the special Muhurat session Wednesday to mark the beginning of Hindu Samvat year 2075.
The key equity indices closed Samvat 2074 on a timid note, as the S&P BSE Sensex and NSE Nifty50 ended flat.
BSE Sensex regained the 35,000-mark by recovering over 200 points at the start of the last trading session of the Samvat year 2074 on buying in auto, banking and metal stocks amid fresh foreign fund inflows and encouraging corporate earnings.
Shares of Maruti Suzuki India Friday continued to surge for the second straight session, rising over 6 per cent after the car maker reported an increase in sales at 1,46,766 units in October.
Indian shares climbed in line with broader Asia and were set for their best week since May 2016, as crude prices fell and the rupee extended gains to touch a one-month high.
The BSE benchmark Sensex Friday soared over 413 points to 34,845.15 and the NSE Nifty raced past 10,500 on widespread gains amid fresh foreign fund inflows, fall in global crude prices and rising rupee.
BSE benchmark Sensex soared over 413 points to 34,845.15 and the NSE Nifty raced past 10,500 on widespread gains amid fresh foreign fund inflows, fall in global crude prices and rising rupee.