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The market breadth was in favour of the advances on Friday afternoon with 1067 stocks advancing as against 577 declines while 350 remained unchanged. On the other hand, 1586 stocks advanced and 915 stocks declined while 157 remained unchanged on the BSE.The Indian benchmark indices were trading on a positive note on Friday with the Sensex adding 166 points and was trading at 33922 while the Nifty gained 37 points and was trading at 10478.
Nifty IT was the outperforming sector gaining 1.2 percent led by Infosys, TCS, Wipro and Mindtree.
The PSU banking index was also up over 1 percent as stocks like State Bank of India, PNB, OBC, Allahabad Bank and Canara Bank led the index higher.
From the Nifty, the stocks that gained the most were Infosys which added over 2 percent while Bharti Airtel was up 2 percent. ONGC, TCS and State Bank of India were the other top gainers.
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