Sensex, Nifty end with gains for second consecutive week

The Sensex rose for a second week after last week’s budget-fuelled stellar rally, even as it ended little changed on Friday. The Sensex advanced 0.02 per cent to 51,544, while the Nifty fell 0.07 per cent lower to finish at 15,163. The Sensex rose 1.6 per cent for the week. Last week, the index had jumped 9.6 per cent — its biggest weekly climb in 10 months. Both the Sensex and the Nifty have added about 11 per cent in the past two weeks.

Along with the government’s annual spending plan, a slew of better-than-expected earnings have enthused investors, with 36