Infosys, HDFC Bank, HDFC, HCL Technologies, Larsen & Toubro, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance and State Bank of India were the major winners.
Infosys, HDFC Bank, HDFC, HCL Technologies, Larsen & Toubro, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance and State Bank of India were the major winners.
Equity benchmarks Sensex and Nifty climbed over 1% on Friday on heavy buying in Infosys and banking stocks amid a rally in global equity markets.
The 30-share BSE Sensex closed at 57,919.97, up 684.64 points or 1.20%. It closed at 58,435.12, up 1,199.79 points or 2.09% during the day.
Similarly, the broader NSE Nifty climbed 171.35 points or 1.01% to end at 17,185.70.
From Sensex constituents, Infosys jumped nearly 4%, followed by HDFC Bank, HDFC, HCL Technologies, Larsen & Toubro, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance and State Bank of India.
Among the laggards were Mahindra & Mahindra, Asian Paints, Reliance Industries, Wipro, Bharti Airtel and Power Grid.
India’s second largest IT services company Infosys on Thursday reported a better-than-expected 11% rise in consolidated net profit and announced buyback of shares for ₹6,021 crore and ₹9,300 crore for the September quarter.
In Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong ended higher.
Stock exchanges in Europe were trading in positive territory in mid-session deals. Wall Street closed sharply on Thursday.
International oil benchmark Brent crude was trading 0.81% lower at $93.80 per barrel.
Foreign institutional investors (FIIs) remained net sellers in the Indian capital markets on Thursday as they sold shares worth Rs 1,636.43 crore, according to exchange data.