Sensex rises 130 pts, Nifty ends at 7758.8; M&M, Bharti surge 4%

The Sensex rose 130.01 points to 25399.65 and the Nifty climbed 45.75 points to 7758.80.

The market breadth remained strong throughout the session as about two shares advanced for every share declining on BSE.

ITC, ONGC, Axis Bank, Coal India, HDFC and Bharti Infratel were down 1-2 percent while M&M, Bharti Airtel, Hindalco, Infosys, Tata Motors, Idea Cellular and Tata Power gained 2-5 percent.

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Indian ADRs: Tata Motors slips, Dr Reddy’s Lab, Infosys up

wall_street_356_0041_356Indian ADRs ended mixed on Friday.

In the IT space, Infosys was up 0.23 percent at USD 19.25.

Wipro added 0.17 percent at USD 12.75.

In the banking space, ICICI Bank was unchanged at USD 7.16.

HDFC Bank was down 0.10 percent at USD 61.53.

In the other sectors, Tata Motors slipped 0.33 percent at USD 28.72.

Dr Reddy’s Laboratories added 0.39 percent at USD 45.58.

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