Nifty gains on GDP data, up by 42 points

Bourses maintained the rally momentum with encouraging macro factors lifting sentiment as the CNX Nifty logged a near one-month high to 6,217.85 points.
A better than expected second quarter GDP data released on Friday stated 4.8 per cent growth as well as improvement in HSBC India manufacturing index for November bolstered the investors sentiment.
Almost all sectoral indices rallied, mainly led by healthcare and banking sectors, though the energy segment withnessed profit taking.
The 50-scrip benchmark Nifty traded between a high of 6,228.70 points and a low of 6,171.15 points, before settling at 6,217.85 points, showing a gain of 41.75 points, or 0.68 per cent, over the last close.

The market opened higher, spirited by better than expected GDP data released by the government on Friday amid mixed Asian bourses, with some selling gave away early gains in morning trade, but the index regained momentum after the HSBC survey which showed good improvement in the country's manufacturing sector.
Lower European stocks pared some gains in late trades, as the index closed near a four-week high.
Top gainers were Ranbaxy, Jindal Steel, Sun Pharma, HCL Tech, Wipro, Lupin, Axis Bank, IDFC, L&T and BHEL.
Turnover in the cash segment moved down to Rs 9,727.05 crore from Rs 10,246.16 crore previously. A total of 5,726.86 lakh shares changed hands in 53,94,271 trades, while market capitalisation stood at Rs 66,88,742 crore.