Sensex rises 345 pts after 4-day losing run; Nifty reclaims 16K; FMCG, auto stocks shine

Benchmark BSE Sensex rebounded by 345 points while Nifty closed above the 16,000 level in choppy trade on Friday, snapping the four-day falling streak on renewed buying interest from foreign funds and firm global trends. The 30-share BSE barometer climbed 344.63 points or 0.65 per cent to settle at 53,760.78. During the day, it jumped 395.22 points or 0.73 per cent to 53,811.37. The broader NSE Nifty advanced 110.55 points or 0.69 per cent to 16,049.20.

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