What a day! Bulls took the mantle back from bears on Friday, almost erasing all of Thursday’s losses. The Sensex ended over 700 points higher, while the Nifty ended above 10,450-mark.
Barring tech stocks, there was buying across all sectors. Banks, automobiles, energy and metal names were the big gainers. The Nifty Midcap index is up around 3 percent.
Indian market rallied despite a weakness in the US markets, where the Dow closed over 500 points lower.
At the close of market hours, the Sensex ended up 732.43 points or 2.15% at 34733.58, while the Nifty closed higher by 237.80 points or 2.32% at 10472.50. The market breadth was positive as 2,024 shares advanced, against a decline of 630 shares, while 801 shares were unchanged.
Maruti Suzuki, Mahindra & Mahindra, and Eicher Motors are the top gainers. TCS and HCL Technologies were the big losers.
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Source: https://www.moneycontrol.com/news/business/markets/closing-bell-bse-nse-stock-market-live-updates-bulls-rule-d-street-as-sensex-ends-732-pts-higher-nifty-closes-at-10472-auto-banks-gain-big-3037661.html
