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Fabulous Friday: Nifty, Sensex closes 3.5% higher for the week; Mid and small caps join the party

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Fabulous Friday: Nifty, Sensex closes 3.5% higher for the week; Mid and small caps join the party

The domestic key equity indices closed on a positive note for the fifth consecutive session on Friday. The NSE Nifty 50 rose 160 points or 0.69% to settle at 23,350, while the BSE Sensex jumped 557 points or 0.73% to finish at 76,905.51.

Nifty Bank and Healthcare were the top gainers among the sectoral indices, rising 1.06% and 1.34%, respectively, in Friday’s trade. 

The Nifty Bank climbed 531 points or 1.06% to close at 50,594. In line with the benchmarks, the BSE Midcap jumped 471.87 points or 1.14% to close at 41,831.57.  

Sectoral Index

In the broader markets, small- and mid-cap stocks closed the day on a positive note. The volatility index India VIX cooled off 0.21% to the 12.58 level. 

This is a developing story, more details are being added. Please watch the space for updates

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