By IANS,
Mumbai : A benchmark index of Indian equities market rebounded 236 points Friday on better than expected 10.8 percent growth in industrial output in October.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the red at 19,201.89 points, closed 1.39 percent or 266.53 points higher at 19,508.89 points.
The benchmark Sensex touched a high of 19,537.40 points and a low of 19,074.57 points in the intra-day trade.
At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty ended at 5,851.55 points, up 1.47 percent or 85.05 points.
Broader markets also ended in the positive, with the BSE midcap index closing nearly two percent higher at 7,404.39 points and the BSE smallcap index 2.37 percent higher at 8,952.80 points.
Industrial output growth accelerated to 10.8 percent in October from 4.4 percent in the previous month.
The country’s largest private sector lender ICICI Bank surged 5.65 percent to Rs.1,116.90.
Jaiprakash Associates 4.60 percent up at Rs.104.65, RIL 3.58 percent higher at Rs.1,019.60, Reliance Comm 3.10 percent higher at Rs.126.30, and NTPC 2.59 percent higher at Rs.192 were among the major gainers at the Sensex.
Major losers at the Sensex were Bajaj Auto 2.81 percent down at Rs.1,490, Bharti Airtel 2.10 percent down at Rs.331.50, and Tata Motors 1.98 percent down at Rs.1,247.15.
The other Asian markets closed mixed. The Shanghai Composite Index closed 1.07 percent higher at 2,841.04 points.
However, the Japanese Nikkei retreated 0.72 percent to 10,212 points and the Hong Kong’s Hang Seng ended almost flat at 23,162.