Sensex gains as IT stocks rise, Nifty tests 15,800: Key factors driving the market

NEW DELHI: Benchmark indices gained on Friday as auto, IT and select bank stocks saw buying, while FMCG and some private banks were under pressure.

As the new futures and options series begins, volatility levels have also cooled off. Drop in dollar and yields also signify traders are ready to take more risks and move towards equities.