Sensex gains 148 points, bank stocks rise

In a volatile trade session, a benchmark index of Indian equities market Friday provisionally closed trade 148 points or 0.56 percent up.

Healthy buying was observed in bank, metal, capital goods, healthcare and automobile sectors, whereas selling pressure was seen in fast moving consumer goods (FMCG), information technology (IT) and technology, entertainment and media (TECK) sectors.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 26,429.30 points, closed at 26,616.93 points, up 148.57 points or 0.56 percent from the previous day's close at 26,468.36 points.

The Sensex touched a high of 26,721.03 points and a low of 26,220.49 points in the intraday.

The S&P bank index gained 361.89 points, followed by metal index which was higher by 293.19 points, capital goods index rose 242.44 points, healthcare index was up 201.11 points and automobile index increased by 137.39 points.

However, FMCG index was down 65.83 points, IT index plummeted by 62.26 points and teck index went down by 34.79 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 57 points or 0.72 percent down at 7,968.85 points.