Taking Stock: Fabulous Friday! Sensex rallies by over 500 points; RIL M-cap crosses Rs 11 lakh cr

Bulls remained in control of D-Street throughout the trading session and pushed benchmark indices above their crucial resistance levels. The S&P BSE Sensex rallied by over 500 points while the Nifty50 closed above 10,200, and reclaimed 100-DMA on a closing basis on Friday.

Let’s look at the final tally on D-Street – the S&P BSE Sensex rose 564 points to 34,772 while the Nifty50 closed 168 points higher at 10,257.