Mumbai19 December. Amid strong signals emerging from global markets and buying by foreign institutional investors for the second consecutive day, the Indian stock market put a break on its ongoing decline for the last four days and both the standard indices closed with good gains on Friday, the last day of the trading week. While BSE Sensex rose by 447 points and crossed the level of 84,900 points, NSE Nifty gained 151 points and stood near 26,000.

Sensex 84,929.36 closed on points

The 30-share sensitive index Sensex of Bombay Stock Exchange (BSE) closed at 84,929.36 points, rising 447.55 points or 0.53 percent. At one time during trading it had increased by 585.69 points to reach 85,067.50 points. Among Sensex companies, shares of 13 remained in the green while 17 registered a decline.

nifty 150.85 by strength of numbers 25,966.40 off on

On the other hand, the 50-share sensitive index Nifty of National Stock Exchange (NSE) also closed at 25,966.40 points with a gain of 150.85 points or 0.58 percent. Among Nifty companies, shares of 42 remained strong and eight showed weakness. In the broader market, the BSE Midcap index of medium companies jumped 1.26 percent, while the Smallcap index of small companies gained 1.25 percent.

Bharat Electronics stocks rose the most by 2.37 percent

Among the companies included in the Sensex group, Bharat Electronics’ stock rose the most by 2.37 percent. Shares of Power Grid, Tata Motors Passenger Vehicles, Asian Paints, Reliance Industries and Bajaj Finserv were also major gainers. On the contrary, a declining trend was seen in the shares of HCL Tech, Kotak Mahindra Bank, ICICI Bank and Sun Pharma.

All sectoral indices closed strongly

Amidst all-round buying, all sector wise indices closed with gains. The maximum increase of 1.68 percent was in the realty segment, while the increase was 1.65 percent in the capital products segment, 1.54 percent in the telecommunication segment and 1.49 percent in the industrial segment.

FII 595.78 Net purchase of shares worth crores of rupees

According to stock market data, foreign institutional investors (FIIs) made net purchases of shares worth Rs 595.78 crore on Thursday. At the same time, domestic institutional investors (DIIs) also bought shares worth Rs 2,700.36 crore in the last trading session. Meanwhile, global oil benchmark Brent crude fell 0.40 per cent to $59.58 per barrel.