Indian markets rose about 0.2 per cent at the end of the session on Friday led by IT and TECk sector stocks amid firm European cues.

The 30-share BSE index Sensex was up 54.95 points (0.29 per cent) at 18,774.24 and the 50-share NSE index Nifty was up 11.75 points (0.21 per cent) at 5,667.65.

On the BSE, IT index was up 1.43 per cent, followed by TECk 1.11 per cent, auto 0.34 per cent and PSU 0.27 per cent.

On the other hand, metal and realty succumbed to heavy selling with metal index down 1.45 per cent, followed by realty 1.02 per cent, consumer durables 0.41 per cent and banking 0.37 per cent.

Among 30-share Sensex, ONGC, Infosys, NTPC, Dr Reddy's and Maruti were the top five gainers, while the top five losers were Jindal Steel, Hindalco, Sun Pharma, Sterlite and RIL.

European stocks rose for the first time in four days, while US equity futures and metals rallied.

Stoxx 50 was up 19.06 points or 0.74 per cent at 2,605.51, FTSE 100 climbed 64.72 points or 1.05 per cent to 6,224.23 and DAX jumped 37 points or 0.47 per cent to 7,965.48.

Asian stocks, except Nikkei, hit a fresh 9-1/2-month low, amid concern that the Federal Reserve will reduce stimulus and China’s economic slowdown may deepen as a cash crunch worsens.

Japan’s Nikkei 225 rose 215.55 points or 1.66 per cent to 13,230.13, while Hong Kong’s Hang Seng was down 76.14 points or 0.37 per cent at 20,306.73.

(This article was published on June 21, 2013)
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