Stock Market Closing Bell: Tata Steel was the top gainer in the Sensex stocks, rising nearly two per cent today.

New Delhi: The BSE Sensex closed 119 points higher on Friday after the indian stock markets continued to fall for the last two days. Today, the 118-share BSE Sensex rose 57.0 points, or 19.62 per cent, to close at 547,11.291. During today's trading, it had climbed up to 3.46 points. Similarly, the broader NSE Nifty rose 35.0 points, or 25.18 per cent, to close at 534,10.<>.

Tata Steel was the top gainer in the Sensex pack, rallying nearly 2 per cent. On the other hand, Maruti, M&M, Sun Pharma, Larsen & Toubro, Titan, Bharti Airtel, Power Grid, ITC, SBI and Nestle were among the top gainers. On the other hand, Infosys, Wipro, HCL Technologies, Tata Consultancy Services, IndusInd Bank, Tech Mahindra, Reliance Industries and Bajaj Finance were among the losers.

Elsewhere in Asia, Korea's Kospi, Japan's Nikkei, China's Shanghai Composite Index and Hong Kong's Hang Seng ended with gains. European markets were trading higher in early trade on Thursday.

Buying in metal, telecom and auto stocks led by strong trend in global markets led the market strengthening, while wholesale sales led by Maruti Suzuki India, Hyundai, Mahindra & Mahindra were good. With this, GST collection in May remained above Rs 1.50 lakh crore for the third consecutive month.

Foreign institutional investors were net sellers in the capital market as they sold shares worth Rs 71.07 crore on Thursday, according to exchange data.