15.48 PM: Closing Bell: Nifty ends above 15,150, Sensex gains 975 pts led by banks

Market Close: Benchmark indices posted a strong gains on May 21 led by the banking and financial stocks.

At close, the Sensex was up 975.62 points or 1.97% at 50,540.48, and the Nifty was up 269.30 points or 1.81% at 15,175.30. About 1909 shares have advanced, 1140 shares declined, and 157 shares are unchanged.

HDFC Bank, SBI, IndusInd Bank, ICICI Bank and Axis Bank were among the top gainers on the Nifty, while losers were Grasim Industries, Power Grid Corp, Dr Reddy’s Labs, IOC and Eicher Motors.

All the sectoral indices ended higher with Nifty Bank and Nifty PSU Bank indices rose over 3 percent each. BSE Midcap and Smallcap indices added over 0.5 percent each.

News Source:- Livemint

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