Share market highlights: The stock markets- extended rally on Friday led by strong gains in private bank stocks. The Sensex closed 269 points up at 38,024, while Nifty is ended above the 11,400-mark. Kotak Mahindra Bank shares closed 4.4% higher at Rs 1,327.10, while Powergrid shares ended 2.6% higher at Rs 192.40. IT major TCS shares closed the session 2.4% higher at Rs 2,036.15.
Asian stocks made modest gains on Friday, tracking improved global sentiment after UK lawmakers voted to delay Brexit and as a weaker yen supported Japanese shares, but a fresh flare up in US-China trade concerns is expected to cap gains. MSCI broadest index of Asia-Pacific shares outside Japan inched up 0.06 percent, Reuters reported.
The S&P 500 slipped on Thursday, snapping a three-day streak of gains, as uncertainty over when a trade deal between the United States and China would be reached left investors on edge, said the Reuters report. We bring to live updates.