Stock Closing Update- Equity indices finished the trading session on a strong note amid strong Asian markets after comments from Fed Reserve official eased concerns about faster rate hikes in U.S. The BSE Sensex closed higher by 303.60 points to 34,445.75 and the NSE Nifty finished higher by 91.55 points to 10,582.60.
Heavy buying momentum picked up in realty, auto, industrials, capital goods, Oil and gas, basic materials, banks, financials, energy and metal counters amid higher Asian cues.
The Nifty Realty index surged over 3 percent led by a rise in shares of Prestige Estates Projects and Oberoi, while Nifty Auto index ended over 2 percent higher led by Maruti Suzuki India and Tata Motors.
Nifty Gainers & Losers: Maruti Suzuki (up 4.04%) Tata Motors (up 3.50%), Larsen & Toubro (up 3.25%), IndusInd Bank (up 2.94%) and UPL (up 2.90%). Among the losers, Sun Pharma (-2.50%), TCS (-1.63%), Tech Mahindra (-1.61%), Infosys (-1.36%) and ITC -1.12%) edged lower.
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