MUMBAI: Short-coverings and lower level value-buying buoyed the Indian equity markets on Friday.
Consequently, the barometer 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) provisionally gained 279 points or 1.14 percent at the closing.
Similarly, the wider 50-scrip Nifty of the National Stock Exchange (NSE) ended the day's trade in the positive territory. It edged-up by 85.10 points, or 1.15 percent, at 7,489.10 points.
The S&P BSE Sensex, which opened at 24,360.36 points, provisionally closed at 24,616.97 points (at 3.30 p.m.) up 278.54 points or 1.14 percent from the previous day's close at 24,338.43 points.
It touched a high of 24,672.90 points and a low of 24,345.79 points during the intra-day trade.
The S&P BSE market breadth favoured the bulls with 1,619 advances and 1,016 declines.
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