Sensex extends gains for 7th day despite London explosion, North Korea tensions

Sensex extends gains for 7th day despite London explosion, North Korea tensions
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Highlights

North Korea on Friday fired off its second missile over Japan.

The BSE benchmark on Friday edged higher by 30.68 points, or 0.10 per cent to close at 32,272.61 in a volatile trade as gains in IT, auto, oil and banking stocks helped it extend winning streak for a seventh day amid lingering worries about North Korea.

The 50-share NSE Nifty, however, ended 1.20 points down, or 0.01 per cent, at 10,085.40 after hovering between 10,043.65 and 10,115.15 on alternate bouts of buying and selling.

On a weekly basis, the Sensex rose by 585.09 points, or 1.84 per cent while the Nifty gained 150.60 points or 1.51 per cent.

The 30-share Sensex had opened lower and the day's low touched 32,138.38 in early deals. However emergence of buying in the last hour of the trade helped the index wipe-off losses and close up 30.68 points, or 0.10 per cent at 32,272.61.

The Asian markets ended mixed on a flurry of selling and European shares too were in negative in early trade following an explosion on an underground train at a busy station in southwest London on Friday.

North Korea on Friday fired off its second missile over Japan.

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