Mumbai : After a day’s pause, benchmark Sensex resumed its upward march by regaining almost 109 points to end at new 16-month high of 28,532.11 and the broader NSE Nifty reclaimed the 8,800-mark, driven by auto stocks on upbeat August sales data amid positive global cues.
Though, investors remained cautious awaiting US jobs data to be released later in the day which would give cues about whether the Federal Reserve goes for early rate hike or not. On a weekly basis, the Sensex climbed 749.86 points or 2.69 per cent and the NSE Nifty soared 237.10 points or 2.76 per cent, biggest weekly gains in over two months. The rupee strengthening by 10 paise to 66.85 (intra-day) against the dollar during the day also positively impacted trading sentiment.
