Sensex up 358 points; Nifty by 113 points

Business News: Friday trading was proved very successful for the investors those traded with BSE and NSE after a day of holiday. The BSE Sensex touched 17,503.24 points at the end of Friday gaining around 358 points. While Nifty also gained around 113 points at 5,333.55.

The major factors that made both the stock markets in green were - the easing Grees debt crisis and low inflation in China. The FIIS booked the blue chip scrips from the market making the market with strong that snapped the last three red sessions.

The gaining of the BSE Sensex and Nifty indicate that the strong fundamentals and global cues restored the confidence of the investors in the stock market.