The market extended gains for fifth consecutive session, driven by recent weakness in crude oil prices and strength in rupee, amid buying in pharma, IT and auto Socks. However, the benchmark indices pared their gains to some extent in today's trade as selling momentum emerged at higher levels. 

The BSE Sensex, rose 23.89 points to 36,194.30, The Nifty50 index rose 18.05 points to 10,876.75, Among the sectors, pharma and IT stocks outperformed the other indices with upto 2 percent gain, while metal, energy, bank, infra stocks have under performed. 

Stocks in Reliance Communications rose 12.94% to Rs 14.40 on the NSE on Friday after the Supreme Court asked RCom to furnish a corporate guarantee of Rs 14 billion, which will be issued by Reliance Realty Limited, a wholly-owned subsidiary of RCom. HPCL (down 4,41%), Bharti Infratel Bank (down 3.58%), Tata Motors (down 2.88%), UPL (down 2.55%) and NTPC (down 2.50%), were the major Nifty losers. 

Yes Bank (up 6.26%), Wipro (up 3.14%), Cipla (up 3.03%), Dr.Reddy and Tech Mahindra (up 1.58%), each were the major Nifty gainers.