3.45 PM: Closing Bell: Nifty closes above 11,700, Sensex gains 304 pts; metals lose shine

Market Close: The upward journey of the benchmark indices continued on the fifth consecutive day on October 7 helped Nifty to close comfortably above 11,700.

At close, the Sensex was up 304.38 points or 0.77% at 39,878.95, and the Nifty was up 76.50 points or 0.66% at 11,738.90. About 1040 shares have advanced, 1584 shares declined, and 200 shares are unchanged.

Titan Company, Bajaj Auto, Hero MotoCorp, Maruti Suzuki and ONGC were among major gainers on the Nifty, while losers were Bajaj Finance, BPCL, Hindalco Industries, Tata Motors and Power Grid Corp.

On the sectoral front, auto, infra, IT and FMCG indices ended in the green, while selling witnessed in the metal, pharma and energy sectors. BSE Midcap and Smallcap indices ended lower.

News Source: Moneycontrol

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