Union Finance Minister Arun Jaitely (r) with Delhi Deputy Chief Minister Manish Sisodia during the 10th meeting of the GST Council at Udaipur. Pic/PTI

Markets managed gains for the week on the back of strong gains registered by HDFC Bank on Friday. Till Thursday, markets were negative on a weekly basis and only because fresh buying was permitted by the Reserve Bank of India (RBI) in shares of HDFC Bank for FIIs, did markets rally. HDFC Bank closed with strong gains on Friday, which helped markets close in positive territory.

The BSESENSEX gained 134.50 points or 0.47 per cent to close at 28,468.75 points while NIFTY gained 28.15 points or 0.32 per cent to close at 8,821.70 points. The broader indices saw BSE100, BSE200 and BSE500 gain 0.33 per cent , 0.24 per cent and 0.12 per cent respectively. BSEMIDCAP and BSESMALLCAP both registered losses of 0.34 per cent and 0.98 per cent respectively.