Indian equities bounced back on Friday snapping their 4-day losing streak. The sentiments were supported with the report of Economic Affairs Secretary Shaktikanta Das' statement that the India's economic growth is robust despite turmoil on global financial markets.

At the close, the benchmark 30-share index, BSE Sensex gained 34.29 or 0.15% at 22,986.12 with 15 components registering rise. while the broad based NSE Nifty closed flat with a gain of 4.60 points or 0.07%, at 6,980.95.23 components posting rise.

Biggest gainers in the 30-share index were Tata Motors (8.34%), Bharti Airtel (5.40%), Mahindra & Mahindra (3.77%), Axis Bank (3.52%), NTPC (2.44%), and Sun Pharmaceutical Industries (2.09%).

On the other hand, Bharat Heavy Electricals (13.13%), Adani Ports and Special Economic Zone (5.20%), Oil & Natural Gas Corporation (4.56%), Larsen & Toubro (3.53%), Tata Steel (3.18%), and ICICI Bank (2.58%) were the biggest losers in the Sensex.

Market breadth was negative with 871 advances against 1,698 declines.

Sector wise, markets presented a mixed bag of performance. Auto, and FMCG gained in the day while Realty, Energy and Metals were the most hit sectors in the day.

Spicejet topped the value chart on the BSE with a turnover of Rs. 1,989.36 million. It was followed by Jet Airways (India) (Rs. 1,124.01 million), Wockhardt (Rs. 941.32 million) and Reliance Industries (Rs. 617.41 million).

The volume chart was led by Spicejet with trades of over 29.15 million shares. It was followed by Suzlon Energy (15.33 million), Birla Power Solutions (12.09 million) and Vedanta (5.41 million).