Bombay Stock Exchange’s Sensex, on Friday, opened strongly at 11,068, up 121 points, on account of the positive signals bobbing out of the foreign markets.
The index, thereafter, firmed up and reached to a high of 11,339, which was about 400 points up from its last closure.
But, heavy profit booking during the final hour of trading erased the big part of gains registered earlier in the day and fell below 11,000 mark and also hit an intra-day low of 10,946.25.
The Sensex however got well and finally closed the week after making a gain of 75.69 points at 11,023.09.
New Delhi - Indian markets turned bullish in morning trading Friday with the benchmark Sensex index rising 3.5 per cent after gains in global markets.
The 30-share sensitive Sensex index of the Bombay Stock Exchange rebounded from Thursday's 3-per-cent fall, rising 378.97 points, or 3.46 per cent, to 11,326 at midday.
Banking, real estate, capital goods, metal and power stocks led the advances.
The broader 50-share S&P CNX Nifty of the National Stock Exchange also gained 3.46 per cent and traded at 3,486.15.
After opening the day positively at 11,358.06 points, Sensex soon fell in to the negative terrain following heavy selling action witnessed across front line stocks.
Consumer durables and FMCG stocks remained up, whilst metal, capital goods, oil & gas and power stocks fell into the pessimistic zone.
BSE Midcap and Smallcap index declined 1.64% and 1.45% respectively.
Amongst the sectoral indices, BSE Metal lost 4.31%, Capital goods fell 3.33%, Oil & Gas and Power was sown by more than 2%.