15.39 PM: Closing Bell: Nifty ends above 16,250, Sensex gains 546 pts led by financials

Market Close: Benchmark indices posted a fresh record high level and ended higher for the third consecutive day on August 4 led by the banking names.

At close, the Sensex was up 546.41 points or 1.02% at 54,369.77, and the Nifty was up 128 points or 0.79% at 16,258.80. About 1073 shares have advanced, 2104 shares declined, and 113 shares are unchanged.

HDFC, Kotak Mahindra Bank, ICICI Bank, HDFC Bank and SBI were the top Nifty gainers. Grasim, Titan Company, Tata Motors, Hindalco and
Adani Ports were among the top losers.

Except bank, all the other sectoral indices ended in the red. However, the midcap and smallcap indices lost 1 percent each at hitting fresh record highs.

News Source:- Moneycontrol


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