On Friday, the Benchmark Equity Index Sensex and Nifty continued to increase in the fifth consecutive season, which contributed to the rupee strengthening and the jump in IT shares.

The new foreign fund flow further strengthened the notion of investors. The Sensex touched the highest level of 77,042 in day trading, after which closed at 76,906 with a gain of 557 points. The index recorded a gain of 3,077 points or 4.17 percent throughout the week.

Similarly, the Nifty reached the highest level of 23,403 and closed at 23,350 with a gain of 160 points. The Nifty recorded a rise of 953 points or 4.26 percent throughout the week.

On Friday, NTPC was at the forefront of the most profitable shares in the Sensex, leading to a 3.3 percent lead. Bajaj Finance, Sun Pharma, Larsen & Tubr, Kotak Mahindra Bank, Nestle India, Tata Motors and Axis Bank also recorded a strong lead.

On the other hand, Mahindra & Mahindra declined by more than 1 percent, while Tata Steel, Infosys, Titan and Bajaj Finserv also closed down.

In the broad market, the BSE midcap index rose more than 1 percent, while the Smallcap index rose over 2 percent during the intra-day trading session.

The BSE Oil and Gas Index led the regional advantage with a gain of more than 2 percent, while Power, Healthcare and Financial Services Indcks also recorded a strong growth.

At the bottom, the BSE Consumer Durables index fell by 0.8 percent, and the metal index slipped 0.4 percent.

In recent times, the rupee increased by Rs 0.40 or 0.46 per cent to 85.94 at 85.94 due to strong procurement data in recent times.

Jatin Trivedi of LKP Securities said, “Fed's decision to keep the rates stable and further interest rate reduction was pulled down the dollar, which gave a lot of support to the rupee, but the major strength in the capital market strengthened the rupee.” The analyst said, “Due to the pressure on the prices of MCX due to the strengthening of the rupee, there was a profit booking in gold, which tested an important area of ​​Rs 88,000.” He said that before any fresh bounce, gold could test the lower support areas around $ 2,950- $ 2,965, as the risk emotion on the global front seems to be stable, causing the premium to be reduced on uncertainty.