The S&P BSE Sensex and NSE Nifty 50 indexes rose for a sixth session in a row on Friday powered by a rally in banking shares. With today’s gain, the Sensex and Nifty ended at their highest level since February 27. Banking shares powered gains in Friday’s session as the gauge of banking shares on the National Stock Exchange – Nifty Bank index – rallied nearly 1,000 points.
The Sensex ended 354 points or 0.9 per cent higher at 39,467 and Nifty climbed 0.76 per cent or 88 points to close at 11,648.