Stock Market LIVE Updates: GIFT Nifty indicates a positive start; US, Asian markets mixed

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Market on Friday | Nifty back above 25,100, Sensex up 356 points

Dalal Street extended the winning streak for an 8th consecutive session on September 12, with Nifty 50 comfortably closing above 25,100 for the first time since July 23, powered led by auto, pharma and metals names.

This also turned out to be the biggest weekly gain in nearly three months, as BSE Sesnex and Nifty gained 1.5 percent each.

At close, the Sensex was up 355.97 points or 0.44 percent at 81,904.70, and the Nifty 50 was up 108.50 points or 0.43 percent at 25,114.00. Broader indices underperformed the main indices with BSE Midcap and Smallcap indices closing with marginal gains. On the sectoral front, auto, pharma, metal, telecom added 0.5-1 percent, while realty, FMCG, media, PSU Bank ended lower.

Bharat Electronics, Bajaj Finance, Shriram Finance, Hindalco, Bajaj Finserv were among major gainers on the Nifty, while losers were HUL, Wipro, Trent, Eternal, Bajaj Auto.