Following the sharp rally in stocks, investor wealth rose by Rs 1,39,948 crore to Rs 1,10,70,610 crore.
On Friday, shares of Tata Motors rose by 2.68 per cent and Tata Steel went up by 1.85 per cent on the Bombay Stock Exchange.
The market capitalisation of BSE-listed companies surged to Rs 98,11,322 crore.
Shares of power, IT, tech, utilities and capital goods firmed up
Bank stocks rose sharply by up to 12 per cent after the government's move to withdraw 500 and 1,000 rupee notes from circulation as part of black money crack down
Volatility is part and parcel of stock market.
Of the 30-share Sensex, 13 ended higher, while 17 led by Power Grid, Tata Steel, Bajaj Auto, Hero MotoCorp, NTPC, Tata Motors, Dr Reddy's, M&M, GAIL, Infosys and L&T finished lower, fell by up to 2.40 per cent
Covering-up of short positions ahead of Thursday's expiry of August series in the derivatives segment gave equities a slight push
The sentiment-driven rally also got support from stock specific earning results and Finance Minister Arun Jaitley's statement that the Centre will step up reforms to attract more investment and fill up infrastructure deficit.
Domestic market is losing its trend to rate sensitive stocks post the announcement of the new RBI governor who is likely to maintain a cautious stance on interest rate cut
With rate cut expectations running high ahead of RBI meet this week, risk appetite improved especially in rate sensitive stocks
This was the biggest single-day fall for the benchmark index since August 10 when it had fallen by 310 points.
The winter session of Parliament will commence on November 26.
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
The NSE Nifty went past the 8,600-mark for the first time since November 1.
Financials were the top gainers lead by private lenders ICICI Bank and HDFC Bank
The trend was visible in the early trade on Thursday as investors indulged in trimming their bets after the minutes of the US Federal Reserve's September meeting indicated a possible rate hike this year.
Sensex sinks into red at close on growth concerns.
The top losers from the Sensex pack are ONGC, Coal India, Vedanta, Reliance Inds and L&T.
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
The Sensex gained 7,430.37 points, or 27.91 per cent, this year.
Investors widened their bets on optimism that upcoming general budget -- to be unveiled next month - would contain incentives for corporates, which will help boost the economy
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
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
Bank shares were the top losers after sharp gains last week.
The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
Coal India was the biggest gainer on both Sensex and Nifty
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
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