Equity benchmarks Sensex and Nifty ended over 1 per cent higher on Friday, helped by heavy buying in Infosys and banking stocks amid a rally in global stock markets.<\/p>\n
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Photograph: Shailesh Andrade\/Reuters<\/span><\/p>\n The 30-share BSE Sensex jumped 684.64 points or 1.20 per cent to settle at 57,919.97.<\/p>\n During the day, it rallied 1,199.79 points or 2.09 per cent to 58,435.12.<\/p>\n \u00a0<\/p>\n Similarly, the broader NSE Nifty climbed 171.35 points or 1.01 per cent to end at 17,185.70.<\/p>\n From the Sensex components, Infosys jumped nearly 4 per cent, followed by HDFC Bank, HDFC, HCL Technologies, Larsen & Toubro, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance and State Bank of India.<\/p>\n Among the laggards were Mahindra & Mahindra, Asian Paints, Reliance Industries, Wipro, Bharti Airtel and Power Grid.<\/p>\n India’s second largest IT services company Infosys on Thursday posted a better-than-expected 11 per cent rise in consolidated net profit at Rs 6,021 crore for the September quarter and announced buyback of shares worth Rs 9,300 crore.<\/p>\n In Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong ended higher. Wall Street had ended significantly higher on Thursday.<\/p>\n International oil benchmark Brent crude was trading 0.81 per cent lower at $93.80 per barrel.<\/p>\n Foreign institutional investors (FIIs) remained net sellers in the Indian capital market on Thursday as they offloaded shares worth Rs 1,636.43 crore, as per exchange data.<\/p>\n<\/div>\n[ad_2]\n<\/p>\n News From This Website <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"