ICICI Bank, SBI, MM, Axis Bank, Tata Motors, BPCL, Asian Paints and Jindal Steel topped the buying list, up 2-4 percent while Gail and Infosys are marginally in red.
For the November series, the Sensex and the Nifty rallied 4 percent each while the CNX Midcap Index was up 5 percent and BSE Small Cap Index climbed 4 percent.
The broader markets outperformed benchmarks throughout the session. The BSE Midcap and Smallcap indices gained 0.5 percent each. About 1585 shares advanced while 1364 shares declined on the Bombay Stock Exchange.
Aluminium major Hindalco Industries topped the buying list, up 4 percent followed by Infosys, Hindustan Unilever, Sun Pharma, Mahindra Mahindra and BHEL with 1-2 percent gain.
Gujarat State Petronet gained for a second day, up nearly 5 percent today after the Appellate Tribunal for Electricity or Aptel ruled in favour of the company in the PNGRB case.
Despite quiet trade today, it has been a strong November series with the Nifty having gained over 3.5 percent and Bank Nifty outperforming with a gain of around 7 percent at current reckoning.
Hindustan Unilever topped the buying list, rising 2 percent followed by Hindalco Industries, Infosys, Cipla, MM, Punjab National Bank, Asian Paints and Power Grid Corporation with a percent gain.
Tata Power, NTPC, Sun Pharma, Gail India, MM, Asian Paints, BPCL and ACC gained 0.6-1 percent while ITC, ONGC, Tata Motors, Bharti Airtel, Dr Reddy's Labs and DLF lost 0.7-1.7 percent.
At close, the Sensex was up 48 points, or 0.17 percent, to 28,386 while the Nifty gained 13 points, or 0.15 percent, to 8,475.
Key indices closed with a 0.15 percent gain, with DLF (up 7.1 percent) and Zee Entertainment (down 4.1 percent) being the biggest movers among the top 100 stocks.
The Nifty is now at 8,490, merely 10 points away from the key 8,500 level. The Niftyâs all-time closing high (which it reached on Monday) is 8,530.
In sectoral trends, realty, metal and FMCG shares are among the best performers, while IT shares have been under pressure right through the day
The market is continuing to consolidate in a small range, with key benchmarks down 0.1 percent to 0.2 percent.
Frontline Indian shares slipped marginally in early trade after a quiet start but the market marked the comeback of the high-beta trade with oil gas and metal sectors as well as mid- and small-cap shares outperforming.
Shares are trading without any firm direction in early trade, with weakness in real estate, bank and auto stocks being offset by strength in metals mining, oil gas, and capital goods.
Shares in Amtek Auto, Bosch, EngineersIndia Ltd, Indiabulls Housing Finance, Strides Arcolab and Wockhardt surged between 2 percent and 6 percent in early Mumbai trading Friday following their inclusion in the NSEâs derivatives segment.
Atul is a manufacturer of three-wheelers of a number of makes: pick-ups, passenger rickshaws, cargo carriers, delivery vans, etc, and has been on investorsâ radar for sometime after clocking superior sales growth.
Out of the settlement, the company has received a sum of Rs 15.07 crore from Natco Pharma apart from the balance principal amount receivable from the respective courts, said SMS Pharma in its filing.
Here are few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Kopran, Crompton Greaves, DLF, Strides Arcolab, 8K Miles, GSPL, Monsanto and Bayer Cropscience.
Shares in Strides Arcolabs gained 4.4 percent to Rs 766 in afternoon trade Thursday, after foreign brokerage Macquarie increased its price target on the stock from Rs 1,000 earlier to Rs 1,150.
Kopran allotted equity shares and warrants worth Rs 27.72 crore to its promoter group company.
Shares in India Cements fell over 2 percent in afternoon trade Mumbai after the Supreme Court, hearing the IPL spot fixing case, said Chennai Super Kings (CSK) must be disqualified âwithout further enquiryâ.
Shares in Monsanto India gained 2.7 percent in early trade, a day after environment minister Prakash Javdekar said there was no ban on genetically-modified (GM) crop field trials in the country.
Shares in Gujarat State Petronet Ltd (GSPL) climbed about 6 percent to Rs 113 in early trade Thursday, a day after the Appellate Tribunal for Electricity overturned an order passed the Petroleum and Natural Gas Regulatory Board (PNGRB) in a case relating to tariff paid to the company for its high pressure gas grids.
Bank of America Merrill Lynch raised target price on the stock by 9 percent to Rs 58 apiece. It expects stock to trade at previous peaks.
SERJ provides innovative Epic EHR consulting, custom application development, and support solutions for the healthcare market.
Shares in Jaiprakash Associates fell 2.5 percent in early trade Thursday after the Enforcement Directorate was reported to have filed a case against the firm in connection with suspected money laundering.
Shares in tobacco major ITC fell 1.3 percent in early trade Thursday as fresh details of the proposed anti-smoking legislation, which has been sent to Cabinet for approval, came out.
Shares in Crompton Greaves fell about 5 percent in early trade, after a large block deal, amounting to 5.3 crore shares worth about Rs 900 crore was executed on the exchanges.
CNBC-TV18s Varinder Bansal lists some of the key stocks which were buzzing in trade today.