MUMBAI, Sept 13 (Agencies): The BSE Sensex and Nifty edged up to close a wee bit higher, snapping a three-session slide, as blue-chips such as ITC gained. The BSE Sensex closed 0.24 per cent higher at 27,061.04 on Friday. It has risen 0.13 per cent in the week to post its sixth consecutive week of gains. The Nifty also ended up 0.24 per cent to close at 8,105.50, adding 0.23 per cent through the week.
Meanwhile, benchmark share indices managed to keep their winning spree intact for the fifth straight week, as record highs on Monday helped offset losses in the latter sessions of the week ended September 12.
However, the action shifted to the broader markets this week with both the BSE Mid-cap and Small-cap indices hitting 52-week highs of 10,018.51 and 11,202.46, respectively. Interestingly, the BSE Mid-cap Index crossed the 10,000-mark after a gap of more than six years. The index had breached this mark for the first time on January 2, 2008 and is just 227 points shy of its record high of 10,246 touched in intra-day trade on January 8, 2008.
The BSE Mid-cap Index ended up three per cent at 9,983 and the BSE Small-cap Index ended up five per cent at 11,167.
Consumer Price Index (CPI)-based inflation in August eased to 7.8 per cent, slightly lower than 7.96 per cent in July. However, food inflation during the month under review rose to 9.42 per cent over 9.36 per cent in July, an official release said.
In July, India's industrial growth fell to 0.5 per cent, the lowest this financial year, owing to contraction in manufacturing after three months, official data showed on Friday. While industrial growth in June stood at 3.9 per cent, it was 2.6 per cent in July 2013.
Cipla emerged as the top Sensex gainer up nearly 10 per cent after the pharma major said it has entered into a commercial collaboration with S&D Pharma in the Czech Republic and Slovakia. S&D Pharma, which represents other global drug companies in the two countries, will physically distribute all products, including those to treat respiratory ailments.
SBI ended up 4.4 per cent. The state-owned banking major denied receiving any communication from the British banking regulator, Prudential Regulatory Authority, asking it to convert branches in the island nation into a wholly-owned subsidiary.
Tata Motors ended up two per cent after its UK-based premium luxury car maker Jaguar Land Rover reported nine per cent rise in August sales at 30,249 units.
Maruti Suzuki ended up three per cent after the company projected double-digit sales growth during the current financial year.
State-owned ONGC ended down three per cent and Coal India closed 3.6 per cent lower after the Cabinet Committee on Economic Affairs approved selling 10 per cent of the government's stake in Coal India, five per cent in ONGC.
