Sensex, Nifty extend weekly decline but rebound from verge of correction.
The S&P BSE Sensex closed 355 points up, or 0.62%, at 57,989.90, while the NSE Nifty 50 Index ended 115 points higher, or 0.67%, at 17,110.05.
HCL Technologies, Hindalco Industries, UPL, UltraTech Cement and JSW Steel were the top gainers of the Nifty gauge.
Power Grid Corp., Asian Paints, Sun Pharmaceutical Industries, Hero MotoCorp and Hindustan Unilever were the top losers of the Nifty gauge.
The market breadth was skewed in the favour of buyers. About 2,061 stocks rose 1,445 declined and 128 remained unchanged on the BSE.