Nifty gains; domestic-oriented stocks lead
Sensex is up by 0.42 per cent and Nifty provisionally gains 0.41 per cent
Mumbai: The Nifty rose on Friday, led by gains in stocks of domestic oriented companies including lenders such as HDFC Bank on value buying and hopes a likely win for the BJP in two recent state elections would help push key reforms.
The gains, however, were not enough to avert a fourth consecutive weekly fall amid one of the most volatile spells in world markets in years. HDFC Bank provisionally rose 3.4 per cent while ICICI Bank ended 3.3 percent higher. Sensex provisionally gained 0.42 per cent and the Nifty provisionally gained 0.41 per cent.
( Source : reuters )
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