<p>Equity benchmark indices Sensex and Nifty found firmer ground on Friday after a three-session losing streak, propped up by buying in IT, tech and banking counters amid a positive trend overseas and unabated foreign fund inflows.</p>.<p>The 30-share BSE Sensex climbed 297.94 points or 0.48 per cent to settle at 61,729.68 helped by fag-end buying. During the day, the benchmark faced volatile trends, hitting a high of 61,784.61 and a low of 61,251.70.</p>.<p>The NSE Nifty advanced 73.45 points or 0.41 per cent to end at 18,203.40.</p>.<p>Among the Sensex firms, Tata Motors jumped over 3 per cent. Tech Mahindra, Infosys, HCL Technologies, Axis Bank, Mahindra & Mahindra, ICICI Bank, UltraTech Cement and Kotak Mahindra Bank were the other major gainers.</p>.<p>NTPC, Asian Paints, Titan and Power Grid were among the laggards.</p>.<p>In Asia, Seoul and Tokyo markets ended in the green, while Shanghai and Hong Kong settled lower.</p>.<p>European markets were trading with gains. The US market ended on a positive note on Thursday.</p>.<p>"The domestic market, though experienced a lack of decisive direction, closed the day on a positive note. The optimism in the US market was fuelled by progress in debt ceiling talks. However, the prospect of a stronger US economy suggests that the Federal Reserve may keep policy rates elevated for an extended duration," said Vinod Nair, Head of Research at Geojit Financial Services.</p>.<p>Foreign Institutional Investors (FIIs) continued their buying activity as they bought equities worth Rs 970.18 crore on Thursday, according to exchange data.</p>.<p>An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate.</p>.<p>But the six-member panel said there was evidence of a build-up in short positions on Adani Group stocks ahead of the report of US-based short seller Hindenburg Research, and profiting from squaring off positions after prices crashed post-publication of the damning allegations.</p>.<p>All the ten listed companies of the Adani Group ended higher on Friday.</p>.<p>Meanwhile, global oil benchmark Brent crude climbed 0.78 per cent to $76.45 per barrel.</p>.<p>The Sensex had declined 128.90 points or 0.21 per cent to settle at 61,431.74 on Thursday. The Nifty fell 51.80 points or 0.28 per cent to end at 18,129.95.</p>
<p>Equity benchmark indices Sensex and Nifty found firmer ground on Friday after a three-session losing streak, propped up by buying in IT, tech and banking counters amid a positive trend overseas and unabated foreign fund inflows.</p>.<p>The 30-share BSE Sensex climbed 297.94 points or 0.48 per cent to settle at 61,729.68 helped by fag-end buying. During the day, the benchmark faced volatile trends, hitting a high of 61,784.61 and a low of 61,251.70.</p>.<p>The NSE Nifty advanced 73.45 points or 0.41 per cent to end at 18,203.40.</p>.<p>Among the Sensex firms, Tata Motors jumped over 3 per cent. Tech Mahindra, Infosys, HCL Technologies, Axis Bank, Mahindra & Mahindra, ICICI Bank, UltraTech Cement and Kotak Mahindra Bank were the other major gainers.</p>.<p>NTPC, Asian Paints, Titan and Power Grid were among the laggards.</p>.<p>In Asia, Seoul and Tokyo markets ended in the green, while Shanghai and Hong Kong settled lower.</p>.<p>European markets were trading with gains. The US market ended on a positive note on Thursday.</p>.<p>"The domestic market, though experienced a lack of decisive direction, closed the day on a positive note. The optimism in the US market was fuelled by progress in debt ceiling talks. However, the prospect of a stronger US economy suggests that the Federal Reserve may keep policy rates elevated for an extended duration," said Vinod Nair, Head of Research at Geojit Financial Services.</p>.<p>Foreign Institutional Investors (FIIs) continued their buying activity as they bought equities worth Rs 970.18 crore on Thursday, according to exchange data.</p>.<p>An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate.</p>.<p>But the six-member panel said there was evidence of a build-up in short positions on Adani Group stocks ahead of the report of US-based short seller Hindenburg Research, and profiting from squaring off positions after prices crashed post-publication of the damning allegations.</p>.<p>All the ten listed companies of the Adani Group ended higher on Friday.</p>.<p>Meanwhile, global oil benchmark Brent crude climbed 0.78 per cent to $76.45 per barrel.</p>.<p>The Sensex had declined 128.90 points or 0.21 per cent to settle at 61,431.74 on Thursday. The Nifty fell 51.80 points or 0.28 per cent to end at 18,129.95.</p>