Sensex up 320 points, Nifty above 19,600, NTPC, Tata Motors rise 3% each

The Indian equity market indices rebounded in trade on Friday after a nearly 1 per cent decline in the previous day.amid positive trends in the global markets. At close, the Sensex was up 320.09 points or 0.49 percent at 65,828.41, and the Nifty was up 114.75 points or 0.59 percent at 19,638.30. About 2246 shares advanced, 1256 shares declined, and 152 shares unchanged.
Stocks and Sectors
Hindalco Industries, NTPC, Hero MotoCorp, Dr Reddy's Laboratories and Divis Lab were the top gainers on the Nifty, while losers included Adani Enterprises, LTIMindtree, HCL Technologies, Tech Mahindra and Powr Grid.
On the sectoral front,except Information Technology, all other  indices ended in the green with metal, power, oil & gas, PSU Bank and healthcare indices up 1-2.7 percent.BSE Midcap index rose 1.3 percent and BSE Smallcap index up 0.6 percent.
On 29 Sep'23,the Indian rupee strengthened 14 paise to close at 83.04 against the US dollar tracking gains in the Asian currencies,helped by a pullback in US treasury yields and steady crude oil prices.
Experts Take:
Market experts have recommended six stocks to buy or sell for Friday— Axis Bank, Bharti Airtel, DLF, ITC, JSW Steel and Shreyas Shipping.

(Writer is a Finance Research Analyst, based in Gandhinagar, Gujarat)