Market indices on Friday closed for the week on a positive note, backed primarily by favourable outcomes in the automobile and banking sectors.
BSE's Sensex ended 579.68 points higher at 35011.65, while Nifty surpassed the 10,550 mark to trade at 10,553. Among sectoral indices, banking and automobile traded in green in the closing session, while technology was seen trading in red.
While Maruti Suzuki, Tata Motors and Bharat Petroleum registered gains, technology giants such as Wipro and TCS incurred losses.
Shares of Punjab National Bank (PNB) also saw a steep decline after the state-owned lender reported a loss of Rs 4,532.4 crore for the quarter ended September 30.
Meanwhile, the Indian Rupee closed at Rs 72.87 against one dollar.
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