Market Roundup: Sensex, Nifty end at 6-month highs as bank stocks soar

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Published : Aug 28, 2020, 5:21 PM IST

Mumbai: Equity benchmarks defied gravity for the sixth straight session on Friday following smart gains in bank and finance stocks, while global markets were mixed despite the US Fed outlining a more accommodative stance. A sharp jump in the rupee and unabated foreign fund inflows further bolstered sentiment, traders said. After touching an intra-day peak of 39,579.58, the BSE Sensex ended 353.84 points or 0.90 per cent higher at 39,467.31. The NSE Nifty surged 88.35 points or 0.76 per cent to close at 11,647.60. During the week, the Sensex soared 1,032.59 points or 2.68 per cent, while the Nifty advanced 276 points or 2.42 per cent.

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