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Nov 29, 2018

Closing Bell: Strong end to November series, Nifty above 10,850; Sensex clocks 36K; financials rally

Market at Close A stronger rupee, falling crude oil prices along with a dovish commentary from the US central bank chief boosted markets across the globe, including India. Back home, the Nifty surged past 10,800 on a day when F&O contracts for November series expire. 
The Sensex, meanwhile, hit 36,000 during the day’s trade, rising over 530 points intraday. 
Both indices ended the session on a strong note, with the Nifty retaining 10,800 mark on expiry. 
At the close of market hours, the Sensex closed up 453.46 points or 1.27% at 36170.41, and the Nifty up 129.80 points or 1.21% at 10858.70. The market breadth was narrow as 1300 shares advanced, against a decline of 1292 shares, while 145 shares were unchanged.
Bajaj Auto, Kotak Mahindra Bank, and Bajaj Finance were the top gainers, while Power Grid, NTPC, and HCL Tech lost the most. 
Source: https://www.moneycontrol.com/news/business/markets/closing-bell-share-market-updates-bse-nse-strong-end-to-november-series-nifty-above-10850-sensex-clocks-36k-financials-rally-3231851.html

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