<p>Mumbai, PTI: Stocks defied gravity for the second straight session on Friday as recently-mauled energy and metal counters attracted heavy buying interest.</p>.<p>A recovering rupee, encouraging earnings and unabated buying by domestic institutional investors added to the momentum, brokers said.</p>.<p>The BSE Sensex surged over 261 points to finish at 34,924.87, while the broader NSE Nifty jumped 91.30 points to 10,605.15.</p>.<p>On the global front, investors were cautious after US President Donald Trump cancelled a planned meeting with North Korean leader Kim Jong Un and threatened to impose tariffs on auto imports.</p>.<p>The 30-share BSE Sensex opened on a strong footing at 34,753.47 and maintained its upward trend to hit the day’s high of 35,017.93. It finally ended at 34,924.87, up 261.76 points, or 0.76%.</p>.<p>The index had rallied 318.20 points in the previous session.</p>.<p>The Nifty finished the day at 10,605.15, showing a hefty gain of 91.30 points, or 0.87%, after shuttling between 10,628.05 and 10,524.</p>.<p>On a weekly basis, the Sensex scored a moderate gain of 76.57 points, or 0.22 per cent while the Nifty rose 8.75 points, or 0.08%.</p>.<p>Meanwhile, Indian markets have witnessed a significant rise during the first four years of the Narendra Modi government.</p>.<p>Since May 26, 2014, the day Modi was sworn in as the Prime Minister, the benchmark Sensex has risen by 10,207.99 points or 41.30%, while the NSE Nifty spurted 3,246.10 points or 44.11%. The Sensex hit a lifetime high of 36,443.98 on January 29, 2018.</p>.<p>“Some respite was seen in INR and oil prices which helped the market to recoup its losses this week,” said Vinod Nair, Head of Research, Geojit Financial Services.</p>
<p>Mumbai, PTI: Stocks defied gravity for the second straight session on Friday as recently-mauled energy and metal counters attracted heavy buying interest.</p>.<p>A recovering rupee, encouraging earnings and unabated buying by domestic institutional investors added to the momentum, brokers said.</p>.<p>The BSE Sensex surged over 261 points to finish at 34,924.87, while the broader NSE Nifty jumped 91.30 points to 10,605.15.</p>.<p>On the global front, investors were cautious after US President Donald Trump cancelled a planned meeting with North Korean leader Kim Jong Un and threatened to impose tariffs on auto imports.</p>.<p>The 30-share BSE Sensex opened on a strong footing at 34,753.47 and maintained its upward trend to hit the day’s high of 35,017.93. It finally ended at 34,924.87, up 261.76 points, or 0.76%.</p>.<p>The index had rallied 318.20 points in the previous session.</p>.<p>The Nifty finished the day at 10,605.15, showing a hefty gain of 91.30 points, or 0.87%, after shuttling between 10,628.05 and 10,524.</p>.<p>On a weekly basis, the Sensex scored a moderate gain of 76.57 points, or 0.22 per cent while the Nifty rose 8.75 points, or 0.08%.</p>.<p>Meanwhile, Indian markets have witnessed a significant rise during the first four years of the Narendra Modi government.</p>.<p>Since May 26, 2014, the day Modi was sworn in as the Prime Minister, the benchmark Sensex has risen by 10,207.99 points or 41.30%, while the NSE Nifty spurted 3,246.10 points or 44.11%. The Sensex hit a lifetime high of 36,443.98 on January 29, 2018.</p>.<p>“Some respite was seen in INR and oil prices which helped the market to recoup its losses this week,” said Vinod Nair, Head of Research, Geojit Financial Services.</p>