Top sectoral gainers and losers on NSE
The S&P BSE Sensex ended at 35,457, up 197 points (0.56 per cent), while the broader Nifty50 index settled at 10,682, up 66 points (0.62 per cent).
Among sectoral indices, the Nifty PSU Bank index settled 2 per cent higher led by Oriental Bank of Commerce and Bank of India.
In the broader markets, the S&P BSE MidCap index ended flat at 14,998, while the S&P BSE SmallCap slipped 0.4 per cent to end at 14,486.
RIL pips TCS to become most-valued firm
Shares of RIL on Friday rose 2.7 per cent to Rs 1,127 on the BSE helping the oil-to-telecom major pip Tata Consultancy Services (TCS) to become the most-valued company in terms of market capitalisation.
On the BSE, RIL's market capitalisation was at Rs 7,14,668.54 crore, while India's largest IT firm by revenue TCS slipped to the second spot with a valuation of Rs 7,06,292.61 crore.
The rupee traded on a firm note on Friday rising to 71.71 per US dollar in intra-day trade, up from its previous close of 71.98 against the greenback.
Asian share markets turned mixed on Friday as hopes for a thaw in the Sino-US trade standoff were tempered by disappointing results from US chipmaker Nvidia Corp which slugged the tech sector.
Losses in semi-conductor shares dragged Japan’s Nikkei down 0.1 per cent, while Nasdaq futures fell 0.5 per cent. MSCI’s broadest index of Asia-Pacific shares outside Japan were still up 0.3 per cent, helped by gains in China.
(with Reuters input)