Sensex rises 767 points, Nifty closes above 18,100

Tech Mahindra was the top gainer in the Sensex pack.

Equity benchmark Sensex rose 767 points on Friday on heavy buying in major indices Infosys, HDFC Bank and Reliance Industries amid a positive trend in global markets.

The 30-share index closed 767 points or 1.28% higher at 60,686.69. Similarly, Nifty rose 229.15 points or 1.28% to reach 18,102.75.

Tech Mahindra was the top gainer in the Sensex pack, rising nearly 4%, followed by HDFC, Infosys, Bajaj Finserv, Asian Paints and Bajaj Finance.

On the other hand, Bajaj Auto, Tata Steel and Axis Bank were among the laggards.

Vinod Nair, Head of Research, Geojit Financial Services, said, “The lost momentum during the week was regained as investors began to focus on good quarterly earnings, economic recovery and strong domestic macro data points. “

Elsewhere in Asia, shares ended higher in Shanghai, Hong Kong, Tokyo and Seoul.

Europe’s major indices were trading on a positive note in mid-session deals.

Meanwhile, international oil benchmark Brent crude rose 1.07% to $81.98 a barrel.

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