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Indian benchmark indices end higher on Friday, best weekly gain since Sep 2

Indian benchmark indices end higher on Friday, best weekly gain since Sep 2

India Blooms News Service | | 09 Dec 2016, 04:47 pm
Mumbai, Dec 9 IBNS): The Indian market, on Friday, ended at its one-month closing high, with BSE Sensex up 52.90 points at 26747.18, and NSE Nifty up 14.90 points at 8261.75, largely riding on positive global cues.

The additional stimulus from the European Central Bank boosted market sentiment that had reacted negatively to the Reserve Bank of India's decision to maintain the rates.

Both BSE Sensex and NSE Nifty reported their best weekly gain since Sep 2, according to media reports.

Some of the key stocks that gained on Friday were SBI, ICICI Bank, ONGC, Axis Bank and ITC while Bajaj Auto, Coal India, HDFC, M&M and Cipla were among the losers.

Image: Wikimedia Commons
 

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