Sensex and Nifty, the two key equity benchmarks, which oscillated between gains and losses eventually settled in the green on Friday. The domestic indices advanced tracking cues from Asian peers that clocked strong gains after the US Senate voted in favour of the proposed debt ceiling budget cuts package. The S&P BSE Sensex, which swung in a range of 340-odd points, ended with a gain of 119 points at 62,547. On the other hand, the NSE Nifty 50 gained 46 points at 18,534.
On the 30-share Sensex platform, Tata Steel Maruti, M&M, Sun Pharma, L&T, Titan, Airtel emerged gainers. On the flipside, Infosys, Wipro, TCS, HCL, Reliance, Bajaj Finance were among the losers.
In the broader markets, the BSE Midcap and Smallcap indices were up over 0.5 per cent each.
The overall breadth too was fairly positive, with nearly 2,200 stocks advancing versus 1,370 declining shares on the BSE.
Among sectors, realty, auto, and metal added 1 per cent each, while IT and oil & gas stocks saw a decline due to selling.
In the previous session on Thursday, the S&P BSE Sensex, which, had touched a high of 62,762, finally ended with a loss of 194 points at 62,429. On the other hand, the NSE Nifty gave-up the 18,500 level in late trades, and settled at 18,488, down 47 points.