File photo of Bombay Stock Exchange (BSE) building in Mumbai. Photograph:( Reuters )
The BSE benchmark Sensex jumped over 200 points and the NSE Nifty breached the 11,600 level in early trade on Friday.
The domestic stock market on Friday ended in green with BSE Sensex jumping 127.19 points to close at 38,672.91 and Nifty going up by 53.90 points to end at 11,623.90.
The BSE benchmark Sensex jumped over 200 points and the NSE Nifty breached the 11,600 level in early trade on Friday driven by heavy buying in reality, metal and pharma stocks amid unabated foreign fund inflows and positive global cues.
The 30-share index pared some ground and was trading 82.05 points, or 0.21 per cent, up at 38,627.77. It had rallied 412.84 points to 38,545.72 in the previous session.
The broader Nifty also gained 50.85 points, or 0.44 per cent, to 11,620.85 in morning trade.
Meanwhile, the rupee appreciated by 15 paise to 69.15 against the US dollar in opening trade Friday, driven by sustained foreign fund inflows and higher opening in the domestic equity market.