The Sensex and Nifty closed higher taking cues from global markets which
rose on news China was preparing to resume trade discussions with the
US, the first negotiations in more than a month.
While the Sensex closed 284 points higher at 37,947, Nifty logged a gain of 85 points to end at a record high of 11,470 level,.
Top Sensex gainers were YES Bank (3.76%), Vedanta Ltd (3.09%), and SBI (3.02%).
Of 30 Sensex stocks, 20 ended in the green.
Top Sensex losers were Hero MotoCorp (1.14%), ONGC (0.61%), and Maruti (0.58%).
Money and bond markets were closed today on account of Parsi new year.
and small cap stocks contributed to the gains with the BSE midcap index
rising 0.88% or 142 points to 16,306 and small cap index gaining 0.94%
or 156 points to 16,866 level.
Banking, metal and consumer
durables stocks led the charge with their BSE indices rising 398 points,
216 points and 194 points, respectively.
Market breadth was
positive with 1631 stocks closing higher compared to 1075 stocks falling
on the BSE. 156 stocks were unchanged.