Market Markets this week: Sensex, Nifty end 0.7% higher; IT stocks gain, auto falls Updated : May 31, 2019 06:37 PM IST The Indian benchmark indices ended 0.7 percent higher for the week on hopes that the new Narendra Modi government will take economic reforms to boost growth. The Nifty Midcap outperformed indices, adding 1.5 percent for the week. The Nifty IT index rose the most, up nearly 3.8 percent followed by the Nifty Energy (up 1.8 percent) and the Nifty Bank (up 0.7 percent). Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.