Market on Friday | Nifty above 23,600, Sensex gains 1,695 pts
Indian equity benchmarks witnessed strong buying on June 12, with the Nifty climbing above the 23,600 mark and the Sensex rallying over 1,600 points, aided by easing crude oil prices, a stronger rupee and positive global cues.
At close, the Sensex was up 1,695.40 points or 2.30 percent at 75,527.95, and the Nifty was up 461.30 points or 1.99 percent at 23,622.90.
For the week, BSE Sensex jumped 1.7 percent and Nifty added 1 percent.
Among the Nifty constituents, Shriram Finance, L&T, InterGlobe Aviation, Bajaj Finance and Titan Company emerged as the top gainers. On the other hand, Nestle India, ONGC, Tech Mahindra, Tata Consumer and SBI Life Insurance ended as the major laggards.
Sectorally, all indices closed in positive territory. Consumer durables, realty, telecom, banking, auto, media, oil & gas and metal indices gained 1-2 percent.
The broader market outperformed the benchmarks, with the Nifty Midcap 100 and Nifty Smallcap 100 indices rising more than 2 percent each.
