strong gain in banking names, among other sectors, ensured that the market had a good opening to the new series, with the Nifty ending just around 10,700-mark. During the course of the day, Sensex managed to hit 35,000, while the Nifty also traded above the 10,700-milestone.
The Sensex managed to clock gains of over 300 points, while the Nifty also rose around 100 points through the day. But, in the last hour, it pared some of those gains. Having said that, it has ended at a two-month high.
The Sensex was up 256.10 points at 34969.70, and the Nifty up 74.50 points or 0.70% at 10692.30. The market breadth was narrow as 1388 shares advanced, against a decline of 1227 shares, while 161 shares are unchanged.
All sectoral indices managed to end in the green, barring IT stocks, which witnessed profit booking along with an effect of a weak rupee.
Read more--Stocks update
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