Closing Bell: Sensex Up 277 Points, Nifty Ends Just Below 10,950
About 1,284 stocks advanced and 499 shares declined on National Stock Exchange.
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Indian equity benchmarks rebounded from more than five-month low, led by the gains in HDFC Bank Ltd and ICICI Bank Ltd on Tuesday, 6 August, reported BloombergQuint.
The S&P BSE Sensex ended 277 points or 0.75 percent higher at 36,976.85 and the NSE Nifty 50 ended at 10,948.25, up 0.79 percent. The broader market represented by the NSE Nifty 500 Index rose 0.98 percent.
The market breadth was tilted in favour of buyers.
Nine out of 11 sectoral gauges compiled by National Stock Exchange ended higher, led by the NSE Nifty Financial Services Index’s 1.56 percent gain. On the flipside, the NSE Nifty Media Index was the top sectoral loser, down 1.18 percent.
The major gainers on the Nifty were Indiabulls Housing, Yes Bank, Tech Mahindra, Bajaj Finance and Eicher Motors, while the losers were Zee Entertainment, Cipla, Reliance Industries, Power Grid Corp and TCS, according to Moneycontrol.
(With inputs from BloombergQuint and Moneycontrol.)
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