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Mumbai: Sensex closed the week after registering a gain of 262 points amid fluctuations present during the period. The bourses witnessed the growth because of the strong quarterly results, continued buying action and strong worldwide signals.

The 30 share index, Sensex marked its closure at 16,158.28, up 1.64 percent, while Nifty posted a gain of 84.45 points at 4,796.15 during the same period. During the week, mid-cap scrips gained 240.06 points to 6254.36, whereas small-cap shares surged 112.22 points to 7,170.94.

Among sectoral indices, public sector units (PSU) index surged 4.69 percent, realty zoomed 4.35 percent, metal increased 4.06 percent, banking index gained 3.79 percent, auto rose 3.34 percent and healthcare profited 3.27 percent. In contrast, the FMCG index dropped 1.56 percent in the 30-share index.

Festival period along with lower rate of interest rubbed its effect on the country's auto business as demand for cars as well as bikes remained healthy during the last month, with most of auto biggies registering a strong double digit increase in sales.

The Madras Stock Exchange (MSE) has joined hands with National Stock Exchange (NSE) to permit its members to trade openly on the NSE stage. On November 6, the first day of trading last week, 10 companies had registered in this initiative.

The administration declared a big push for PSU withdrawal on Thursday. All PSUs, which are listed and earn profits, will have to drop off about 10 percent equity stake. Incomes from the divestment are likely to help lessen the country's fiscal deficit that is projected to hit Rs. 4,000 billion by the end the current financial year.