New Delhi, July 31 -- Indian equity benchmarks ended the week in the green on Friday as positive momentum sustained trading session gains. The BSE SENSEX settled at 78,094.64 points, up 166.49 points or 0.21 per cent, while the NSE NIFTY 50 gained 66.45 points or 0.27 per cent to close at 24,383.60 points.

Vinod Nair, Head of Research at Geojit Investments Limited, noted that while positive momentum continued, profit booking emerged as caution persisted amid elevated yields and potential rate-hike concerns.

"The sustainability of the recovery will depend largely on the ongoing earnings season, which is currently outperforming forecasts, and on a reduction in global risks. The domestic IT index witnessed profit booking following its rece...