15.38 PM: Closing Bell: Nifty ends above 11,800, Sensex jumps over 300 pts led by IT, pharma stocks

Market Close: Benchmark indices rose for the sixth consecutive day on October 8 but profit booking in the last hour pulled the Nifty below 11900, which has been tested intraday, while Sensex settled with a gain of 300 points.

At close, the Sensex was up 303.72 points or 0.76% at 40182.67, and the Nifty was up 95.70 points or 0.82% at 11834.60. About 1215 shares have advanced, 1419 shares declined, and 159 shares are unchanged.

Wipro, Cipla, TCS, UltraTech Cement and HCL Tech were among major gainers on the Nifty, while losers included ONGC, GAIL, Eicher Motors, ITC and Coal India.

Among sectors, IT Index rose over 3 percent followed by the pharma and bank, while selling seen in the energy and FMCG stocks.

News Source:- moneycontrol

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