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| Gains continued in select bluechip counters on expectations of good earnings in the September quarter.
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| However, market momentum was broadly negative, with losers outnumbering winners. Traders turned cautious after witnessing gains during the past 10 sessions.
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| The Sensex rose for the tenth consecutive session on Friday. It ended 1.49 per cent, or 70.22 points, higher at 4,768.90, its best close since July 17, 2000. During this week, the index has gained 4.74 per cent, or 215.98 points.
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| Meanwhile, the broader 50-stock S&P CNX Nifty also gained 21 points, or 1.40 per cent, and closed at 1,523.10.
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| Shares in Infosys surged 3.94 per cent to Rs 4,608.65 on renewed buying. Satyam Computer rose 10.22 per cent to close at Rs 281.95, off from its new 52-week high of Rs 282.50 in intraday trades. Wipro vaulted 8.48 per cent to Rs 1,348.45 on improved quarterly earnings.
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| Second-line technology stocks were also in the limelight. KPIT Cummins rocketed 12.15 per cent to Rs 265.90. Aptech jumped 10 per cent to Rs 50.05, NIIT gained 7.46 per cent to Rs 159.15 and Mastek zoomed by 7.26 per cent to Rs 268.3.
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| The only tech counter that declined was Aztec Software. Its shares fell 17.21 per cent to Rs 29.10 after the company posted disappointing quarterly results.
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| Select old-economy heavyweights continued to rally on expectations of strong results. Larsen & Toubro vaulted 5.40 per cent to Rs 379.95, off from a new high of Rs 382.50 hit in intra-day trades.
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| Tata Motors rose 3.72 per cent to Rs 371.85, off from its new 52-week high of Rs 373.60 touched in intraday trades on sustained buying interest.
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| Scooters major Bajaj Tempo rallied 7.81 per cent to Rs 486.75, off from a new high of Rs 496 during intraday trades. Grasim Industries fell 2.44 per cent to Rs 709.65.
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| Cements major Gujarat Ambuja Cements tumbled 1.44 per cent to Rs 242.65 on profit booking.
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| Reliance Industries rallied 3.41 per cent to Rs 470.60. Cigarette major ITC rose by 0.52 per cent to Rs 885.60. Hindustan Lever, an FMCG major, edged up 0.45 per cent to Rs 189.10.
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Hindustan Petroleum shed 3.90 per cent to Rs 335.35 as selling continued amid concerns over the company
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