Mumbai: Indian stock markets edged higher on Friday in a volatile session as energy companies such as Reliance Industries Ltd (RIL) rallied after the country simplified oil and gas licensing rules, while property developers gained after Parliament passed a real estate bill.
The S&P BSE Sensex closed 0.38%, or 94.65 points, higher at 24,717.99, while the Nifty closed 0.32%, or 24.05 points, higher at 7,510.20, after spending the day swinging between gains and losses as investors also booked profits in recent outperformers.