The stock market closed sharply.
On the last trading day of the week, after day-long ups and downs, the market adopted a bullish halt in the evening. The trading ended for the day with both the Sensex and the Nifty gaining about one per cent each. The Sensex closed at 62501, up 629 points, while the Nifty closed at 18499, up 178 points. The Sensex gained 1.02 percent while the Nifty gained 0.97 percent.
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During the market trading, trading in major stock markets continued to pick up amid fresh buying in big stocks like Reliance Industries, buying of foreign funds and positive trend in major global markets.
During this morning, the 30-share BSE Sensex climbed 178.34 points to reach 62,050.96. The NSE Nifty was up 51.1 points at 18,372.25.
Reliance Industries, Tech Mahindra, Maruti, UltraTech Cement, Wipro, Bajaj Finserv, Hindustan Unilever, Infosys, Titan and SBI were among the notable gainers in Sensex stocks.
On the other hand, Power Grid, HDFC, Axis Bank, IndusInd Bank, ICICI Bank and HDFC Bank declined.
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