Mumbai: The markets spent most of the day languishing at the lower levels but reversed the trend during the final hour of trade and rallied northwards on Friday.
Despite weak global cues like Asian markets ended flat and the emerging markets traded mix, the markets regained strength and moved up.
It saw third straight session of gains since Wednesday.
The Sensex closed at 10,401.30 up 125.42 points and the Nifty closed at 3042.7 up 43 points.
The major gainers on the indices were Tata Steel, Wipro, ONGC, Ranbaxy Labs and GAIL.
The major losers on the indices were HDFC, L&T, Hero Honda, SBI, PNB, Jet Airways and Hero Honda.
The markets made gains in the last two trading sessions but have lost ground today mirroring the global indices.
Asian cues remained negative, Nikkei lost over 1.4 per cent, Straits Times down per cent, Taiwan down per cent, Kospi was down nearly two per cent, while Hang Seng was down over one per cent.
Emerging markets were flattish as Russia was down about 0.5 per cent, Brazil down about two-third of a percent, Chile and Mexico were flat as well and US was also down.
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