Nifty after shuttling between 9,924.70 and 9,838, settled higher 41.95 points, 0.42 per cent, at 9,915.25.
After soaring over 962 in early session, the 30-share index pared some gains and was trading 687.63 points, or 1.81 per cent, higher at 38,618.40.
Mumbai: Benchmark Sensex ran up 124 points today, spurred by Reliance Industries reporting its highest quarterly earnings and its announcement of a bonus issue, amid capital inflows by foreign funds.
Moreover, strong earnings from Wipro and Indian Bank enthused investors. The BSE 30-share Sensex started settled up 124.49 points, or 0.39 per cent, at 32,028.89. The gauge had lost 50.95 points yesterday.
The stock of Reliance Industries, a market heavyweight, logged a rise of 3.76 per cent. The 50-share Nifty after shuttling between 9,924.70 and 9,838, settled higher 41.95 points, 0.42 per cent, at 9,915.25.
During the week, the Sensex registered a rise of 8.14 points, or 0.02 per cent, while the Nifty rose 28.90 points, or 0.29 per cent.
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