Sensex gains, GDP growth hit a 3-quarter high

GDP Growth Sensex and Nifty recovered on Friday after falling deeply as India’s GDP growth hit a three-quarter high of 6.3% in Jul-September.

The Automobile stocks such as Tata Motors, Maruti Suzuki were among the major gainers on Sensex pack as auto companies announce their vehicle sales growth for the month of November.

The stock of Bharti Airtel lost the most among the Sensex stocks, down 1.2%. Shares of Oil and Natural Gas Corporation , Tata Motors, Larson & Toubro, Maruti Suzuki, ITC, TCS, Hero MotoCorp and Kotak Mahindra Bank gained up to 1.2 percent, while shares of Coal India, Bharti Airtel and HDFC were the major losers.

In Nifty Index, United Phosphorus Ltd, Tata Motors, Bosch, Zee Entertainment, and ONGC gained the most, while Hindalco, Bharti Airtel, Cipla, IOC and Coal India were the top losers.