Sensex and Nifty held firm on Friday as both the indices stayed rangebound despite registering minor losses when they closed for the day. 30-share BSE Sensex lost 8.71 points to close at 31,360.63. The broader 50-share NSE Nifty finished at 9,665.80,down by 8.75 points.
Markets recovered late in the day as the indices were down by about 0.20 per cent in afternoon trade. The recovery was led by Reliance Industries which rallied by 3 per cent to hit a fresh 52-week high.Market breadth was also flat as about 1,411 shares advanced against 1,154 declining shares on the BSE.
Apart from Reliance, Lupin, Bharti Airtel and Aurobindo Pharma were the major gainers while ONGC, ICICI Bank, Infosys and Asian Paints lost the most.
Source: Times of India