Gold Silver Reports (GSR) – Sensex, Nifty Hold Gains Led By Private Lenders – Indian equity benchmarks held on to gains as buying in private sector lenders and Reliance Industries outpaced losses metal stocks. The S&P BSE Sensex rose 0.4 percent or 141 points to 34,591 and the NSE Nifty 50 index gained 0.16 percent or 17 points to 10,601.
Seven out of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Pharma index’s 0.9 percent gain. On the flipside, the Nifty metal index was the top sectoral loser, down 2.28 percent.
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The overall market breadth was marginally positive as 1,275 stocks were advancing while 1,022 were declining. – Neal Bhai Reports