Indices eke out gains to end week in green; Sensex gains 113 points

The markets reflect a 'sense of stability', say analysts

The Sensex and the Nifty eked out modest gains on Friday after a two-session sliding streak, propped up by firm Asian markets and buying from foreign institutional investors. A sharp recovery in the rupee further bolstered investors’ sentiment, traders said.

Overcoming a wobbly start, the 30-share BSE Sensex gained momentum as the session progressed to close 113.95 points or 0.19 per cent higher at 60,950.36. Similarly, the broader NSE Nifty rose 64.45 points or 0.36 per cent to 18,117.15. Bajaj Finserv topped the Sensex gainers’ chart, jumping 4.55 per cent, followed by UltraTech Cement, Tata Steel, SBI, Reliance Industries, Asian Paints,