Stock Market Today: Sensex Settles Over 550 Points Higher, Nifty At 23,350

Indian equity indices shrugged off weak global markets and extended their gains for the fifth consecutive session on Friday, with the Nifty crossing the 23,400 mark intraday, driven by broad-based buying across sectors.

At the close, the Sensex rose by 557.45 points, or 0.73 per cent, to reach 76,905.51, while the Nifty gained 159.75 points, or 0.69 per cent, ending at 23,350.40. The market breadth was positive, with 2,684 stocks advancing, 1,179 declining, and 118 remaining unchanged. For the week, both the Nifty 50 and Sensex surged by just over 4 per cent each, marking their best performance in four years.

Major gainers on the Nifty included BPCL, ONGC, SBI Life Insurance, NTPC, and Bajaj Finance. On the other hand, Hindalco Industries, Wipro, Trent, Infosys, and Tata Steel were among the top losers. The BSE Midcap and Smallcap indices also saw gains, rising 1-2 per cent.