Sensex, Nifty Surge For Second Session, But Finish Week Lower

INSUBCONTINENT EXCLUSIVE:
Stock markets rose for a second straight session supported by strong buying across the sectors
Gains came amid positive movement in Asian peers after concerns on the US-China trade war front eased
Strong advances in banking, financial services, energy, metal and pharma stocks pushed the indices higher
according to analysts.Forty five stocks on the 50-scrip Nifty index finished higher
Top gainers on the index were Indiabulls Housing Finance, Bajaj Finserv, BPCL, Hindustan Petroleum and Vedanta, ending between 5 per cent
October, say analysts.Prime Minister Narendra Modi is set to meet officials on Saturday to decide ways to address the currency's weakness
and rising fuel prices, though it was unclear whether the panel or any of its members would attend.The rupee hit a one-week high of 71.65
against the dollar during Friday's session, after hitting a slew of record lows in the last few sessions.Shares in other Asian markets rose,
with the MSCI's broadest index of Asia-Pacific shares outside Japan advancing 1.2 per cent, on track for its best performance in more than
two weeks.Despite Friday's gains, the Sensex finished the week 299 points lower, while the Nifty declined 73.9 points.(With agency inputs)