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Friday marks the fourth straight day of gains for Indian markets

Friday marks the fourth straight day of gains for Indian markets

India Blooms News Service | | 27 May 2016, 08:08 pm
Mumbai, May 27 (IBNS) Indian markets posted their fourth straight day of gains on Friday with Sensex up 286.92 points to 26653.60 and Nifty up 87 points to 8156.65.

Firm cues from Asian markets and European markets opening higher supported the Indian markets.

A good start in the June series derivative contracts was also responsible for the gains.

Some of the leading stocks that gained on Friday were HDFC, Reliance Industries, Adani Ports, Bajaj Auto, Infosys, ICICI Bank, Tata Motors and HUL while ONGC, Axis Bank, ITC, BHEL and NTPC declined.

The market ended the week on a strong note with the benchmarks recording the biggest weekly gains in nearly three months.