Benchmark domestic equity indices, Sensex and Nifty, extended their gains for the third consecutive week, supported by positive investor sentiment amid the ongoing Quarter two results. Key sectors that contributed to the rally included Banking, FMCG and Pharma. The 30-share index at Bombay Stock Exchange, Sensex gained 1 thousand 451 points, or 1.75 per cent during the week to end at 83,952.
The NSE Nifty 50 increased 425 points, or 1.68 percent, to close at 25,710. In the broader market at the BSE, the midcap index remained flat over the week, while the smallcap index dipped over 0.6 per cent. At the forex market, Indian rupee appreciated 72 paise during the week to end at 87 rupees and 97 paise against the US dollar yesterday.