3.47 PM: Closing Bell: Nifty ends above 14,600, Sensex gains 424 pts led by pharma, financials

Market Close: The market ended higher on May 5 after RBI Governor Shaktikanta Das in an unscheduled speech today provided more liquidity support by announcing various measures.

At close, the Sensex was up 424.04 points or 0.88% at 48,677.55, and the Nifty was up 121.40 points or 0.84% at 14,617.90. About 1794 shares have advanced, 1084 shares declined, and 166 shares are unchanged.

Sun Pharma, UPL, Axis Bank, IndusInd Bank and Kotak Mahindra Bank were among the top gainers on the Nifty. Losers were Adani Ports, Bajaj Finance, SBI Life Insurance, Asian Paints and HUL.

All the sectoral indices ended in the green with Nifty Bank, IT, pharma and PSU bank indices rose 1-4 percent.

News Source:- Moneycontrol

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