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Sensex ends higher; post fourth straight gain on week

Reuters 

- Indian closed at their highest in nearly five months on Friday, posting their fourth consecutive weekly gain, driven higher by financial stocks such as Bank, which hit a record intraday high.

Bank, which rose as much as 9.5 pct in early trade, however pared gains after the Reserve of banned fresh buying by foreign investors in the company following a temporary relief on Thursday.

The benchmark BSE closed 0.59 percent higher at 28,468.75. It was up 0.47 percent on the week.

The broader NSE rose 0.50 percent to 8,821.70.

It made a weekly gain of 0.32 percent.

Both indexes posted their fourth consecutive weekly gains.

(Reporting by Tanvi Mehta in Bengaluru; Editing by Biju Dwarakanath)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Sensex ends higher; post fourth straight gain on week

REUTERS - Indian shares closed at their highest in nearly five months on Friday, posting their fourth consecutive weekly gain, driven higher by financial stocks such as HDFC Bank, which hit a record intraday high.

- Indian closed at their highest in nearly five months on Friday, posting their fourth consecutive weekly gain, driven higher by financial stocks such as Bank, which hit a record intraday high.

Bank, which rose as much as 9.5 pct in early trade, however pared gains after the Reserve of banned fresh buying by foreign investors in the company following a temporary relief on Thursday.

The benchmark BSE closed 0.59 percent higher at 28,468.75. It was up 0.47 percent on the week.

The broader NSE rose 0.50 percent to 8,821.70.

It made a weekly gain of 0.32 percent.

Both indexes posted their fourth consecutive weekly gains.

(Reporting by Tanvi Mehta in Bengaluru; Editing by Biju Dwarakanath)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Sensex ends higher; post fourth straight gain on week

- Indian closed at their highest in nearly five months on Friday, posting their fourth consecutive weekly gain, driven higher by financial stocks such as Bank, which hit a record intraday high.

Bank, which rose as much as 9.5 pct in early trade, however pared gains after the Reserve of banned fresh buying by foreign investors in the company following a temporary relief on Thursday.

The benchmark BSE closed 0.59 percent higher at 28,468.75. It was up 0.47 percent on the week.

The broader NSE rose 0.50 percent to 8,821.70.

It made a weekly gain of 0.32 percent.

Both indexes posted their fourth consecutive weekly gains.

(Reporting by Tanvi Mehta in Bengaluru; Editing by Biju Dwarakanath)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22