15.38 PM: Closing Bell: Market rallies for 10th straight session, indices post smart recovery helped by bank stocks

Market Close: Benchmark indices made a smart recovery from the intraday lows on October 14 and ended higher for the tenth consecutive day with Nifty above 11950.

At 15:30 IST, the Sensex was up 169.23 points or 0.42% at 40794.74, and the Nifty was up 36.50 points or 0.31% at 11971. About 1202 shares have advanced, 1439 shares declined, and 160 shares are unchanged.

Bajaj Finserv, SBI Life Insurance, Bajaj Finance, ICICI Bank and IndusInd Bank were among major gainers on the Nifty, while losers included Wipro, NTPC, ONGC, Coal India and Tata Motors.

Among sectors, except bank, FMCG and metal other indices ended in the red. BSE Smallcap Index ended marginally lower and Midcap index gained 0.5 percent.

News Source:- Moneycontrol

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