The markets closed with a weekly gain of 2 per cent. In the stocks, BPCL and ONGC were up around 17.1 per cent and 15.4 per cent respectively. The losers were M&M and Wipro which were down around 5.98 per cent and 5.41 per cent respectively. In the midcap sector, Polaris Technology and IGL, which were up around 14 per cent and 9 per cent respectively, remained the gainers.

A Chinese man walks past a sculpture in the central business district in Beijing. Chinese GDP rose to 7.9 per cent from a year ago period, beating the projection of 7.8 per cent. Pic/AFP