On the last trading day of the week, the stock market closed up on Friday. The Sensex rose 127.01 points to 40,685.50 points, and the Nifty gained 33.90 points to end at 11,930.35 points. The leading stock index Sensex saw a jump of over 200 points in early trade on Friday due to positive signals from global markets and a surge in large stocks like HDFC Bank, ICICI Bank and TCS.
The 30-share BSE Sensex rose 228.56 points or 0.56 percent to 40,787.05 during morning trading, while the NSE Nifty rose 70.70 points or 0.59 percent to 11,967.15 points. Arjun Yash Mahajan, head (institutional business), Reliance Securities, said that domestic markets are looking good amid positive signals from global markets.