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| Edited By: |Source: PTI |Updated: Mar 29, 2018, 04:16 AM IST
The benchmark Sensex and the rupee registered gains on global cues despite sustained capital outflows, for the second consecutive day on Friday.
The Bombay Stock Exchange 30-share Sensex opened firm and remained in positive terrain throughout the session to settle the day at 8,756.61, a rise of 4.95 per cent over the previous close.
Moving in tandem with the equity markets, the Indian rupee on Friday, appreciated sharply by 35 paise to close at 51.51/52 against the dollar.
Prior to this, the Sensex had gained by 492.28 points or 5.37 per cent on December 10, 2008.
Forex dealers attributed the rise in the rupee mainly to firm equity markets amid expectations of fresh capital inflows.
Contrary to market sentiment, foreign institutional investors (FIIs) sold shares worth Rs 186.86 crore while domestic funds pumped in Rs 227.10 crore on March 12, as per provisional figures.
The broad-based 50-issue Nifty of the National Stock Exchange also improved further by 101.80 points or 3.89 per cent to 2,719.25 from its last close.
