<p>Mumbai: Equity benchmarks Sensex and Nifty closed higher on Friday as buying in index majors M&M, Reliance Industries and ITC helped the indices rebound from early lows.</p><p>The 30-share BSE Sensex climbed 253.31 points, or 0.34 per cent, to settle at 73,917.03.</p><p>The NSE Nifty advanced 62.25 points, or 0.28 per cent, to 22,466.10.</p>.Markets decline in early trade weak global trends, unabated foreign fund outflows.<p>M&M was the biggest gainer on the Sensex chart, rising 5.97 per cent, followed by JSW Steel, Ultra Cement, Kotak Bank, ITC and NTPC.</p><p>Reliance Industries gained 0.73 per cent to close at Rs 2,871 apiece.</p><p>In contrast, TCS, HCL Tech, HUL, Nestle Industries, Bajaj Finserv, Wipro and Infosys were among the losers.</p><p>"Despite mixed global signals and uncertainties surrounding the US Fed, the Indian market experienced a robust recovery, largely fuelled by the outperformance of the broader market and positive Q4 earnings.</p><p>"Further, some index heavyweight earnings surpassed expectations, and midcap and small-cap stocks continued to exhibit buying interest during dips. Auto and consumer durables particularly stood out with strong earnings momentum," said Vinod Nair, Head of Research, Geojit Financial Services.</p><p>In Asian markets, Shanghai and Hong Kong logged gains, while Seoul and Nikkei closed in the red.</p><p>European markets were trading in the negative territory. Wall Street ended in the green in the overnight trade on Thursday.</p><p>Global oil benchmark Brent crude rose 0.25 per cent to USD 83.48 a barrel.</p><p>Foreign Institutional Investors (FIIs) offloaded equities worth Rs 776.49 crore on Thursday, according to exchange data.</p><p>On Thursday, the BSE benchmark climbed 676.69 points or 0.93 per cent to settle at 73,663.72. The NSE Nifty surged 203.30 points or 0.92 per cent to 22,403.85.</p>
<p>Mumbai: Equity benchmarks Sensex and Nifty closed higher on Friday as buying in index majors M&M, Reliance Industries and ITC helped the indices rebound from early lows.</p><p>The 30-share BSE Sensex climbed 253.31 points, or 0.34 per cent, to settle at 73,917.03.</p><p>The NSE Nifty advanced 62.25 points, or 0.28 per cent, to 22,466.10.</p>.Markets decline in early trade weak global trends, unabated foreign fund outflows.<p>M&M was the biggest gainer on the Sensex chart, rising 5.97 per cent, followed by JSW Steel, Ultra Cement, Kotak Bank, ITC and NTPC.</p><p>Reliance Industries gained 0.73 per cent to close at Rs 2,871 apiece.</p><p>In contrast, TCS, HCL Tech, HUL, Nestle Industries, Bajaj Finserv, Wipro and Infosys were among the losers.</p><p>"Despite mixed global signals and uncertainties surrounding the US Fed, the Indian market experienced a robust recovery, largely fuelled by the outperformance of the broader market and positive Q4 earnings.</p><p>"Further, some index heavyweight earnings surpassed expectations, and midcap and small-cap stocks continued to exhibit buying interest during dips. Auto and consumer durables particularly stood out with strong earnings momentum," said Vinod Nair, Head of Research, Geojit Financial Services.</p><p>In Asian markets, Shanghai and Hong Kong logged gains, while Seoul and Nikkei closed in the red.</p><p>European markets were trading in the negative territory. Wall Street ended in the green in the overnight trade on Thursday.</p><p>Global oil benchmark Brent crude rose 0.25 per cent to USD 83.48 a barrel.</p><p>Foreign Institutional Investors (FIIs) offloaded equities worth Rs 776.49 crore on Thursday, according to exchange data.</p><p>On Thursday, the BSE benchmark climbed 676.69 points or 0.93 per cent to settle at 73,663.72. The NSE Nifty surged 203.30 points or 0.92 per cent to 22,403.85.</p>