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Nifty ends above 10,650, Sensex up 197 pts; HDFC Bank, RIL major contributors

Market at close: Indian indices ended on strong note on Friday with Nifty closed above 10,650 level.

The Sensex was up 196.62 points at 35,457.16, while Nifty was up 65.50 points at 10,682.20.

Barring metal, all other indices ended in green led by IT, energy, infra and pharma, while Nifty PSU bank index gained 2 percent.

Bharti Airtel, Reliance Industries, SBI, Hero Motocorp and HDFC are the top gainers on the Sensex.

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Source: https://www.moneycontrol.com/news/business/markets/closing-bell-nifty-ends-above-10650-sensex-up-197-pts-hdfc-bank-ril-major-contributors-3185411.html

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Sensex gains over 200 pts amid volatility; Bharti Airtel, RIL top gainers

Market opens Equity benchmarks have opened around quarter of a percent higher. The Nifty is well above 10,600-mark, while the Sensex has risen nearly 100 points. 

Among sectors, there is strength visible in the pharmaceutical names along with IT and automobile names. Meanwhile, metal stocks are mildly under pressure. In the broader markets, the Nifty Midcap index is trading flat. 

The Sensex is up 95.98 points or 0.27% at 35356.52, and the Nifty up 21.10 points or 0.20% at 10637.80. The market breadth is positive as 304 shares advanced, against a decline of 116 shares, while 34 shares were unchanged.

Shares of TCS, Sun Pharma, Indiabulls Housing and Bharti Infratel have gained the most, while Yes Bank, ONGC, and IOC lost the most. 

Oil prices rose amid expectations of supply cuts from OPEC, although record US production dragged.

US West Texas Intermediate (WTI) crude oil futures were at $56.76 per barrel, up 0.53 percent, from their last settlement.

Brent crude oil futures were up 0.63 percent, at $67.04 per barrel.

Prices were mainly supported by expectations the Organization of the Petroleum Exporting Countries (OPEC) would start withholding supply soon, fearing a renewed rout such as in 2014 when prices crashed under the weight of oversupply. Source: Reuters.

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Source:https://www.moneycontrol.com/news/business/markets/sock-market-live-updates-bse-nse-sensex-gains-over-200-pts-amid-volatility-bharti-airtel-ril-top-gainers-3185411.html

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An evening walk down Dalal Street | Sensex ends over 100 points higher, Nifty above 10,600; Yes Bank down 7%

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