The Sensex rose 330.92 points, or 0.43%, to close at 77,264.51 on Friday, snapping a two-day losing streak as IT stocks led a broad market rally.
The Nifty50 gained 84.80 points, or 0.35%, to end the session at 24,175.65, with technology shares emerging as the standout performers of the day.
The Nifty IT index rose more than 3% during the session, making it the single biggest driver of the day’s overall gains across both benchmark indices.
Tata Consultancy Services led the rally with a 4.16% gain, followed by Tech Mahindra up 3.53%, Infosys up 2.99%, HCL Technologies up 2.66% and Wipro up 2.58%.
Pharma and metal shares also supported the advance, helping the indices close higher for the week after two consecutive sessions of losses earlier on.
Indian markets remain closed over the weekend and will resume trading on Monday.
TCS closed 4.16% higher, followed by Tech Mahindra with a 3.53% gain, Infosys up 2.99%, HCL Technologies 2.66% higher and Wipro adding 2.58%.
The Nifty IT index rose more than 3% during the session, emerging as the single biggest driver of the day’s overall gains.
Pharma and metal shares also contributed to the advance, helping the benchmark indices snap a two-day losing streak heading into the weekend.
The rally in IT stocks tracked a broader global technology rebound, with sentiment improving after a stretch of subdued trading in the sector.
Friday’s close leaves the Sensex and Nifty higher for the week overall, even after the two-session dip earlier that had weighed on the indices.
Markets in India remain closed on Saturday and Sunday, with the next trading session set to resume on Monday.
Foreign and domestic institutional investor activity through the week continued to shape sentiment, alongside the ongoing earnings season commentary from IT majors.
Broader market breadth was also positive on the day, with gains seen across a wide range of sectors beyond the IT-led rally.
Photo of the BSE building at Dalal Street, Wikimedia Commons, CC BY-SA 3.0
