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The 30-share Sensex advanced 59.15 points to end at 58,833.87. Its broader peer, Nifty50, ended the session comfortably above the 17,500 mark.

The Nifty Auto index closed 0.4 per cent up at 12929.15.

The rupee fell 0.1% for the week, having traded in a 20 paisa range over the period.The Financial Times reported that JPMorgan is seeking investor views on whether to make a large chunk of Indian government bond market eligible for inclusion to its widely tracked GBI-EM Global Diversified index of local currency debt.

“We expect Indian banks to build on the momentum of strong economic growth as well as resolution of legacy loans to improve their asset quality further. In fact, we have been projecting that the NPLs plus performing restructured loans put together should be below 5% by March 2024 and they could go below 3.5% by March 2025.”

The stock quoted a 52-week high price of Rs 31441.05 and a 52-week low of Rs 17900.0.

German consumer sentiment is set to hit a record low for the third month in a row in September as households brace for surging energy bills, a survey showed, while French consumer confidence unexpectedly rose in August.On Friday, miners rose as copper prices gained on hopes that fresh stimulus measures from China would boost demand.

Wood said he is surprised by stock market resilience in the face of bearish sentiment triggered by the wave of foreign selling, prevailing high valuations and monetary tightening.

Gensol Engineering offers EPC and solar advisory services. The company is engaged in providing technical due diligence, detailed engineering, quality control, construction supervision, and other consulting services for solar projects across many countries, including India.

Overseas investors poured a net $7.5 billion into nine regional markets so far in August, the biggest monthly inflow since end-2020, according to exchange data compiled by Bloomberg. India accounted for the lion’s share as foreigners pumped in $5.7 billion, while South Korea received $2.3 billion.

In a disclosure made before the stock exchanges, Zomato said Sequoia Capital India Growth Investment Holdings I and SCI Growth Investments II sold 171.9 crore shares or a 2.01 per cent stake held in the company.