| However, rumours of ill health of Sahara group chairman Subrato Roy spoiled the party as the Sensex slipped to close at 6707.72, up 36 points or 0.55 per cent. The Nifty ended 1.7 per cent higher to close at 2076.40. |
| Brokers said, "Rumours of ill health of Subrato Roy lead of panic selling at the fag end of the trading session." |
| Taking a cue from short covering in the derivatives market, the cash market rose for the seventh straight day with higher volumes but profit taking was seen at side counters, brokers said. |
| FMCG, metal and IT stocks were the biggest gainer on selective buying. However, the Capital Goods index was the biggest loser in Friday's trading. |
| A dealer from a domestic broking house said, "Short covering after the expiry of the current month's F&O contracts triggered a rally in the cash market. But few counters witnessed profit booking at higher levels at the fag end of the trading." |
| Monsoon could now be new trigger which everyone is keeping a close watch on, said a Mumbai-based broker. |
| Among frontline counters, 18 out of the 30-scrip Sensex basket closed higher. Volumes were higher than on Thursday with a turnover of Rs 2,330.63 crore recorded on the BSE and Rs 4,903.49 crore on the NSE. |
| Foreign institutional investors were net sellers of Indian shares worth Rs 185 crore on Thursday while domestic mutual funds were net buyers to the tune of Rs 124 crore. |
| Among the frontline stocks, HLL was up 4.90 per cent to Rs 138.10, followed by Ranbaxy Labs, up 3.21 per cent to Rs 1,102.05, Reliance Energy, up 2.69 per cent to Rs 497.60 and ITC was up 2.54 per cent to Rs 1,570.35. |
| Among the big losers, BHEL was down 4.18 per cent to Rs 871.80, Hero Honda was down 2.47 per cent to Rs 578.50, SBI was down 2.15 per cent to Rs 668.00, Tata Motors was down 1.55 per cent to Rs 442.30 and Zee Telefilms was down 1.44 per cent to Rs 138.15. |
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