Sensex closes with 171 points gain

Mumbai, May 28 (IANS) A benchmark index for Indian equities Friday closed trade with a 171 points gain.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,692.66 points, closed at 16,837.76 points (provisional), 171.36 points or 1.03 percent up from its previous close at 16,666.4 points.

At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty ended at 5,058.3 points, up 1.1 percent from its previous close at 5,003.1 points.

Broader markets too saw good buying, with the BSE midcap index ending 1.56 percent up and the BSE smallcap index closing 1.33 percent higher.