Stocks market ended on higher note backed by strong global cues and robust buying in banking and capital goods shares. The BSE index Sensex was up 268.10 points at 34981.70, while the NSE Nifty was up 77.50 points at 10,695.30.
Shares of Axis Bank, SBI and ICICI Bank were notable gainers, whereas TCS, Maruti Suzuki, HCL Tech lost the most.
Trading sentiment was boosted on hopes for March-quarter corporate results driven by Reliance Industries Limited and Axis Bank, which have posted their fifth successive weekly gain on Friday. Shares of Axis Bank closed 8.97 percent up at Rs. 538.90.
Stocks of Reliance Industries Limited, which is expected to announce its quarterly earnings later in the day, rose a high of Rs 994.75 per share, up 1.99 percent on the BSE today.
Maruti Suzuki India Limited reported a record annual profit of Rs 77.21 billion for the year ended March 31, 2018. The Stock today closed at Rs. 8,777.95 down by 1.90 percent.
Shares of the PC Jeweller Ltd slumped 24.94 percent, at Rs.177.90 as the biggest intraday fall since it got listed, to Rs 156.50.
Commodity Gold: Gold price fell Rs 190 to Rs 32,210 per 10 gram on account of a weak overseas trend and falling demand from local jewellers. Silver also faced selling force and lost Rs.100 to Rs 40,450 per kilogram.
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