The benchmark indices ended higher with the BSE Sensex closed up by 115.27 points or 0.35% at 33,370.63 and the NSE Nifty ended up 33.2 points or 0.33% at 10,245, on heavy buying in sectors such as power, infrastructure, PSU and bank stocks amid weak global signals.
Among BSE sectoral indices, power, infrastructure, PSU and banking remained investors' choice, whereas consumer durables, Information Technology and TECk stocks continued to selling momentum.
Top five Sensex gainers were Icici Bank, Mahindra and Mahindra, YES Bank, PowerGrid and Bharti Airtel Limited. Ono the flip side, the major losers include Wipro, ONGC, Adani Ports, HDFC Bank and Larsen and Toubro.
All the sectoral indices of NSE ended in green except the Nifty IT index with PSU banking index rising the most.
The shares of ICICI Bank rose 3.49 percent to a day’s high of Rs 271.05 before settling up 2.94 percent at Rs 269.60 while the stock of concluded 2.92 percent higher at Rs 769.40. ICICI Bank and SBI led the gains after the RBI’s decision to permit lenders to spread their bond trading losses, in a step that will probably boost the profitability of banks.
Shares of Indiabulls HF, Bajaj Finserv, HPCL, IOC, BHPC, BHEL, Cummins India, SunTV, Bosch, SAIL India, MRF, ICICI Prudential also gained during the day.