Mumbai May 25 (IANS) The Indian equity markets rose for the second consecutive day on Friday as a fall in global crude oil prices along with strengthened rupee enhanced investors risk-taking appetite.
However geopolitical uncertainties after US President Donald Trump pulled out of the planned talks with North Korea s leader Kim Jong-un capped gains.
Index-wise the wider Nifty50 of the National Stock Exchange (NSE) closed at 10 605.15 points up 91.30 points or 0.87 per cent from the previous close of 10 513.85 points.
Similarly the barometer 30-scrip Sensitive Index (Sensex) of the BSE which had opened at 34 753.47 points closed at 34 924.87 points -- up 261.76 points or 0.76 per cent -- from its previous session s close of 34 663.11 points.
The Sensex touched a high of 35 017.93 and a low of 34 700.52 points. The BSE market breadth was bullish with 1 599 advances and 1 037 declines.
"Continued buying by domestic institutions helped to push the markets higher. Gain in
rupee and fall in crude prices helped sentiments " HDFC Securities Head of Retail Research Deepak Jasani told IANS.
"Major Asian markets have closed on a mixed note. European indices like FTSE 100 CAC 40 and DAX are trading in the green."
On the currency front the Indian rupee strengthened by 65 paise against the US dollar to 67.78 from its previous close at 68.43 per greenback.
Besides provisional data with exchanges showed that foreign institutional investors sold scrips worth Rs 768.29 crore while the domestic institutional investors bought stocks worth Rs 887.76 crore.
Sector-wise the S&P BSE oil and gas index surged by 412.34 points the auto index rose by 404.63 points and the banking index gained by 299.14 points.
On the other hand the S&P BSE consumer durables index was the only sector-wise loser which fell by 62.27 points.
The major gainers on the Sensex were ONGC up 4.59 per cent at Rs 175.35; Tata Steel up 3.43 per cent at Rs 567.20; Yes Bank up 2.71 per cent at Rs 339.45; Adani Ports up 2.34 per cent at Rs 379.90; and IndusInd Bank up 2.33 per cent at Rs 1 914.75 per share.
The top losers were Coal India down 1.36 per cent at Rs 276.05; ITC down 1.04 per cent at Rs 271.95; State Bank of India down 0.56 per cent at Rs 267; Tata Consultancy Services down 0.43 per cent at Rs 3 589.45; and ICICI Bank down 0.25 per cent at Rs 296.50 per share.

--IANS rrb-rv/mr