Benchmark BSE Sensex rebounded by 344 points while Nifty closed above the 16,000 level in choppy trade on Friday, snapping four days of decline on buying in FMCG, auto and capital goods counters.
The 30-share BSE barometer climbed 344.63 points or 0.65 per cent to settle at 53,760.78 as 18 of its scrips ended in the green. During the day, it jumped 395.22 points or 0.73 per cent to a high of 53,811.37.
The broader NSE Nifty closed above the 16,000 level by gaining 110.55 points or 0.69 per cent to 16,049.20 as 35 of its constituents closed with gains.
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