 Sensex rises 580 points, posts biggest weekly gain in 2 years
Indian equity benchmarks posted their best weekly rally in two years with Sensex rising 4.98% and the Nifty 50 Index surging 5.2% for the week. The Sensex rose 580 points (1.7%) to close at 35,012 on Friday while the Nifty ended 173 points (1.66%) higher at 10,553. The rupee also strengthened against the dollar after crude oil prices declined.