SEN­SEX, NIFTY RE­BOUND ON POS­I­TIVE GLOBAL CUES

Hindustan Times (Ranchi) - - Business -

MUM­BAI: Bench­mark indices broke their three-day fall­ing streak on Fri­day driven by up­beat global cues, re­cov­er­ing ru­pee and a surge in Ko­tak Bank shares on re­ports that Berk­shire Hath­away may pick up a stake in the lender. The BSE Sen­sex ral­lied 361.12 points, or 1.02%, to close at 35,673.25. Sim­i­larly, the broader NSE Nifty jumped 92.55 points, or 0.87%, to 10,693.70. How­ever, both the indices ended lower for the week. The Sen­sex fell by 521.05 points, or 1.43 %, while the Nifty lost 183.05, or 1.68%, dur­ing the week. Ko­tak Mahin­dra Bank was the big­gest gainer on both the indices on Fri­day, spurt­ing nearly 9% fol­low­ing re­ports that War­ren Buf­fett’s Berk­shire Hath­away Inc. was plan­ning to pick up a stake in the pri­vate sec­tor lender.

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