Short covering, along with value buying and rupee appreciation, lifted the Indian equities markets on Friday.
The key Indian indices provisionally closed the day's trade in the green - - with gains of more than 1. 5 per cent each, as healthy buying was witnessed in IT, healthcare and banking stocks.
The wider 51 - scrip Nifty of the National Stock Exchange (NSE) gained 148. 80 points or 1. 87 per cent to 8, 075. 65 points.
The barometer 30 - scrip sensitive index (Sensex) of the BSE, which opened at 25, 953. 24 points, provisionally closed at 26, 316. 34 points (at 3. 30 p. m. ) - - up 456. 17 points or 1. 76 per cent from the previous close at 25, 860. 17 points.
The Sensex touched a high of 26, 343. 95 points and a low of 25, 874. 45 points during the intra - day trade.
The BSE market breadth was skewed in favour of the bulls - - with 2, 030 advances and 595 declines.
On Thursday, the equity markets closed in the red on the back of a massive rupee depreciation, continued outflow of foreign funds and subdued derivatives expiry roll - overs
The barometer index was down by 191. 64 points or 0. 74 per cent, while the NSE Nifty receded by 67. 80 points or 0. 84 per cent.