A strong rally in financials ensured a good close for the market on Thursday, with the Nifty ending above 10,600.
A strengthening rupee also boosted sentiment on D-Street, while investors shrugged off weak sentiment coming in from lower crude oil prices.
Interestingly, four out of five index gainers were from the financials space, with Kotak Mahindra Bank being the top gainer.
Among sectors, banks, automobiles and metals were the big gainers, while the Nifty Midcap index also saw gain of half percent.
At the close of market hours, the Sensex closed up 118.55 points or 0.34% at 35260.54, and the Nifty up 40.40 points or 0.38% at 10616.70. The market breadth was negative 1,094 shares advanced, against a decline of 1,483 shares, while 137 shares were unchanged.
Adani Ports, Kotak Mahindra Bank, and Titan were the top gainers, while Yes Bank, NTPC, and Grasim lost the most.
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Source:https://www.moneycontrol.com/news/business/markets/an-evening-walk-down-dalal-street-sensex-ends-over-100-points-higher-nifty-above-10600-yes-bank-down-7-3183661.html
