Business Standard

IT, bank and auto stocks help equity indices end day and week in green

On a weekly basis, the Sensex climbed 558.27 points or 1.02 per cent, while the Nifty gained 86.30 points or 0.53 per cent

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Press Trust of India Mumbai
Equity indices extended their winning run to a second straight session on Friday, buoyed by robust demand for IT, bank and auto stocks amid a supportive trend overseas.

The two-day rally also helped the benchmarks post their second straight weekly advance, in lockstep with a global rebound despite lingering concerns over high inflation and coordinated policy tightening by central banks.

Continuing with the previous session's momentum, the 30-share BSE Sensex rallied 632.13 points or 1.17 per cent to settle at 54,884.66.

Similarly, the broader NSE Nifty jumped 182.30 points or 1.13 per cent to 16,352.45.

Tech Mahindra was the top

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: May 28 2022 | 12:25 AM IST

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