The S&P BSE Sensex ended at 38,862, up 177 points, while the broader NSE Nifty50 settled at 11,666, adding 68 points. Broader markets outperformed frontline indices with Nifty Midcap and Nifty Smallcap indices rising 0.8 and 1 percent, respectively. Tata Steel, Ultratech Cements, Bajaj Finance, JSW Steel and Hindalco were top gainers on Nifty, while Britannia, PowerGrid, SBI, Zee and Dr Reddy's fell the most.
Banking and financial sectors rose during the day with the Nifty Bank gaining over half a percent. Federal Bank, IndusInd Bank, HDFC Bank, and Kotak Bank advaned in the range of 1-3 percent. Nifty’s IT index gained nearly 1 percent with shares of Infosys and Wipro, which were up over 1.5 percent, leading the gains. Both Nifty Metal and Nifty Realty indices also advanced 1.9 and 1.3 percent, respectively.
The S&P BSE Sensex ended at 38,862, up 177 points, while the broader NSE Nifty50 settled at 11,666, adding 68 points. Broader markets outperformed frontline indices with Nifty Midcap and Nifty Smallcap indices rising 0.8 and 1 percent, respectively. Tata Steel, Ultratech Cements, Bajaj Finance, JSW Steel and Hindalco were top gainers on Nifty, while Britannia, PowerGrid, SBI, Zee and Dr Reddy's fell the most.
Banking and financial sectors rose during the day with the Nifty Bank gaining over half a percent. Federal Bank, IndusInd Bank, HDFC Bank, and Kotak Bank advaned in the range of 1-3 percent. Nifty’s IT index gained nearly 1 percent with shares of Infosys and Wipro, which were up over 1.5 percent, leading the gains. Both Nifty Metal and Nifty Realty indices also advanced 1.9 and 1.3 percent, respectively.