The Sensex closed 330.92 points, or 0.43%, higher at 77,264.51 on Friday, snapping a two-day losing streak on the back of a strong IT-led rally.
The Nifty50 gained 84.80 points, or 0.35%, to end at 24,175.65, with technology shares carrying the bulk of the session’s gains.
The Nifty IT index rose more than 3% during trading, making it by far the best-performing sector gauge of the day.
TCS led the pack with a 4.16% gain, followed by Tech Mahindra at 3.53%, Infosys at 2.99%, HCL Technologies at 2.66% and Wipro at 2.58%.
Pharma and metal stocks also closed in the green, adding breadth to what was a broadly positive session heading into the weekend.
Markets are shut on Saturday and Sunday and will reopen for trading on Monday.
Analysts pointed to the tech-led bounce as a sign of stabilising sentiment after recent volatility tied to global cues and sector-specific concerns.
TCS closed 4.16% higher, followed by Tech Mahindra with a 3.53% gain, Infosys up 2.99%, HCL Technologies 2.66% higher and Wipro adding 2.58%.
The Nifty IT index rose more than 3% during the session, emerging as the single biggest driver of the day’s overall gains.
Pharma and metal shares also contributed to the advance, helping the benchmark indices snap a two-day losing streak heading into the weekend.
The rally in IT stocks tracked a broader global technology rebound, with sentiment improving after a stretch of subdued trading in the sector.
Friday’s close leaves the Sensex and Nifty higher for the week overall, even after the two-session dip earlier that had weighed on the indices.
Markets in India remain closed on Saturday and Sunday, with the next trading session set to resume on Monday.
Foreign and domestic institutional investor activity through the week continued to shape sentiment, alongside the ongoing earnings season commentary from IT majors.
Photo of the BSE building at Dalal Street, Wikimedia Commons, CC BY-SA 3.0
