Stock market benchmark indices Sensex and Nifty surged over 1 per cent on Friday, propelled by buying in banking counters and a positive trend in global equities.
Investor sentiment improved amid hopes of further easing in the West Asia crisis ahead of US-Iran negotiations and lower crude prices, analysts said.
The 30-share benchmark index ended at 77550.25 up by 918.6 points or by 1.2 % and then NSE Nifty was at 24050.6 up by 275.5 points or by 1.16 %.
Sensex touched intraday high of 77622.5 and intraday low of 76851.16 The NSE Nifty touched intraday high of 24074.05 and intraday low of 23856.35
The top gainers of the BSE Sensex pack were Asian Paints Ltd. (Rs. 2356.40,+3.84%), ICICI Bank Ltd. (Rs. 1322.00,+3.22%), Mahindra & Mahindra Ltd. (Rs. 3261.80,+2.98%), InterGlobe Aviation Ltd. (Rs. 4571.50,+2.77%), Axis Bank Ltd. (Rs. 1351.45,+2.49%), among others.
The top losers of the BSE Sensex pack were Sun Pharmaceutical Industries Ltd. (Rs. 1654.70,-3.65%), Infosys Ltd. (Rs. 1292.35,-2.94%), Tata Consultancy Services Ltd. (Rs. 2524.35,-2.45%), Mahindra & Mahindra Ltd. (Rs. 1440.40,-1.44%), HCL Technologies Ltd. (Rs. 1452.00,-0.90%), among others.
Auto index was at 58714.39 up by 1570.63 points or by 2.75%. Ashok Leyland Ltd. (Rs. 178.00,+4.46%), Samvardhana Motherson International Ltd. (Rs. 122.10,+4.45%), Exide Industries Ltd. (Rs. 324.65,+4.34%), Eicher Motors Ltd. (Rs. 7421.25,+3.87%), Hero MotoCorp Ltd. (Rs. 5468.45,+3.46%),.
_IT index was at 29902.28 down by -517.14 points or by -1.7%. Coforge Ltd. (Rs. 1224.05,-3.18%), Cigniti Technologies Ltd. (Rs. 1211.90,-3.12%), Infosys Ltd. (Rs. 1292.35,-2.94%), IRIS RegTech Solutions Ltd. (Rs. 231.10,-2.86%), R Systems International Ltd. (Rs. 261.50,-2.75%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4683 , shares advanced were 3504 while 1006 shares declined and 173 were unchanged.