India’s stock benchmarks held on to gains amid a slew of quarterly corporate earnings.
The S&P BSE Sensex gained 0.69% to 52,950.63 and NSE Nifty 50 Index edged 0.77% higher to 15,885.15.
Both measures completed a second week of losses on Friday as lackluster quarterly earnings weighed on sentiment. Reliance Industries Ltd. contributed the most to the index gain, increasing 1.8%. Shree Cement Ltd. had the largest increase, rising 3.6%.
The broader markets outperformed the larger peers with both the S&P BSE Midcap and the S&P BSE SmallCap adding over 1%.
All the 19 sectoral indices compiled by the BSE Ltd. gained with S&P BSE Realty climbing nearly 5%.
The market breadth was skewed in favour of bulls. About 2,183 stocks advanced, 1,154 declined and 165 remained unchanged on the BSE
Share Market Live: Sensex, Nifty Open Higher; Tejas Networks Jumps After Large Trades - BloombergQuint
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