A benchmark index for Indian equities markets Friday closed 95 points higher, paring some of the initial gains as FMCG companies led by IT came under selling pressure.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,745.01 points, closed at 16,739.01 points, 95.27 points or 0.57% up from its previous close at 16,643.74 points.
It had moved up to 16,788.48 points in intra-day trade.
The 50-scrip S&P CNX Nifty of the National Stock Exchange also closed higher at 5,048.6 points -- up 0.6% or 30.2 points from its previous close.
Broader markets also moved up with the BSE 500 index ending 0.52% higher from its previous close.