Sensex advances 30 points to extend gains for 7th day

On a weekly basis, the Sensex rose by 585.09 points, or 1.84 per cent while the Nifty gained 150.60 points or 1.51 per cent.

The BSE benchmark edged higher by 30.68 points, or 0.10 per cent on Friday to close at 32,272.61 in a volatile trade as gains in IT, auto, oil and banking stocks helped it extend winning streak for a seventh day amid lingering worries about North Korea.

Investors booked profits amid a weak trend in Asian markets as geopolitical tensions revived after North Korea fired another missile over Japan’s northern island. (Hindustan Times)

The 50-share NSE Nifty, however, ended 1.20 points down, or 0.01 per cent, at 10,085.40 after hovering between 10,043.65 and 10,115.15 on alternate bouts of buying and selling.

On a weekly basis, the Sensex rose by 585.09 points, or 1.84 per cent while the Nifty gained 150.60 points or 1.51 per cent.

The 30-share Sensex had opened lower and the day’s low of 32,138.38 in early deals. However emergence of buying in the last hour of the trade helped the index wipe-off losses and close up 30.68 points, or 0.10 per cent at 32,272.61.

The Asian markets ended mixed on a flurry of selling and European shares too were in negative in early trade following an explosion on an underground train at a busy station in southwest London today.