Weekend Market: Sensex rebounds 143-pts Nifty above 17,800

In a mixed trend in global markets, the Sensex gained 143 points on Friday, buoyed by increases in index mainstays Reliance Industries, TCS, and ICICI Bank.

The 30-stock index Sensex of the Bombay Stock Exchange finished 142.81 points or  0.24 percent higher.  59,744.65.  Similarly, the Nifty of the National Stock Exchange closed at 17,812.70, up 66.80 points or 0.38 percent. With a rise of 1.79 percent, Asian Paints led the Sensex pack, followed by TCS, Nestle India, Ultratech Cement, ICICI Bank, and Reliance Industries. Bajaj Finserv, Mahindra and M, Bajaj Finance, HDFC, and Titan, on the other hand, were among the laggards.

In other Asian markets, Hong Kong and Seoul concluded the day with gains, while Shanghai and Tokyo ended the day with losses.  In mid-session trades, European stock exchanges were trading on a mixed note. Brent crude, the international oil standard, rose 0.94 percent to USD82.76 per barrel.

According to stock exchange data, foreign institutional investors (FIIs) were net sellers in the capital market on Thursday, selling shares worth Rs1,926.77 crore.

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