Benchmark stock market indices rallied on Friday, with Dalal Street adding over 1%, ending the week on a high note. Heavyweight financial and banking sector stocks surged, pushing markets higher.
The S&P BSE Sensex jumped 1,046.30 points to end at 82,408.17, while the NSE Nifty50 added 319.50 points to close at 25,112.40. Bharti Airtel topped the gainers with an impressive 3.27% surge, followed by Mahindra & Mahindra up 2.93%, PowerGrid rising 2.38%, Reliance Industries gaining 2.16%, and Nestle India adding 1.97%.
The broader market indices ended strongly with Nifty Midcap 100 gaining 1.46%, Nifty Smallcap up 1.01%, while India VIX fell 4.08%.
All sectoral indices closed in positive territory, led by Nifty Realty surging 2.11%, followed by Nifty PSU Bank up 1.64%, Nifty Financial Services gaining 1.49%, Nifty Metal rising 1.39%, Nifty Healthcare adding 1.07%, Nifty Auto up 1.04%, Nifty Private Bank gaining 1.03%, Nifty Oil & Gas rising 0.91%, Nifty IT adding 0.84%, Nifty Pharma up 0.80%, Nifty Consumer Durables gaining 0.73%, Nifty FMCG rising 0.64%, and Nifty Media advancing 0.35%.
There were no sectors in the red as the market witnessed broad-based buying across all segments. Realty and PSU banks led the rally while all other sectors participated in the positive closing session on Friday.
