The Sensex and Nifty ended in the green for the seventh straight session
led by metal stocks after global stocks recovered on delay in United
States' final decision on possible military strikes against Syria. While
the Sensex closed 91 points or 0.27% higher at 34,192, the Nifty ended
at 10,480 level, a rise of 0.21%.The successive growth in fourth
straight months in the index of industrial production (IIP) at 7.1 per
cent and moderation in consumer price index (CPI) inflation to 4.28 per
cent, lifted the sentiment.
Both indices rose more than 1% on a weekly basis. Midcaps and small cap indices on BSE rose 0.46% and 0.26%, respectively.
were led by metal stocks with the BSE index rising 1% to 14,095 level.
Healthcare stocks too contributed to the gains with the BSE healthcare
index rising 0.56% to 13,679 level.
Adani Ports, Wipro and Kotak Bank were the top Sensex gainers.
SBI, Axis Bank and YES Bank were the top losers on Sensex.
Industries closed 1.22% higher amid news that the Mukesh Ambani firm
would buy close to 73 per cent stake in education technology provider
Indiavidual Learning Private Ltd (Embibe) to become a majority
Infosys closed 0.58% higher at 1169 level ahead of the firm's Q4 earnings set to be announced in evening today.
breadth was negative with 1285 stocks closing in the green against 1436
stocks ending in the red. 138 stocks were unchanged.