Market gains for 7th session, Sensex up 91 points

Mumbai: Continuing its winning run for the seventh straight day, benchmark Sensex rose over 91 points on Friday to finish at a three-week high of 33,679.24, powered by gains in consumer durables and IT stocks.

The broader Nifty reclaimed the 10,400-mark to scale an intra-day high of 10,404.50 but profit-taking pulled it down to 10,389.70, still a gain of 40.95 points, or 0.40 per cent.

The Sensex opened higher at 33,670 and stayed in the green through the session to touch a high of 33,738.53 before settling 91.16 points, or 0.27 per cent, higher at 33,679.24 -- its highest level since November 6 when it had closed at 33,731.19.

During the week, the Sensex gained 336.44 points or 1 per cent, while the Nifty rallied 106.10 points, or 1.03 per cent.

Uninterrupted buying by domestic financial institutions and widening of exposure by retail investors are supporting the ongoing rally, traders said.