Market Updates After Closing:-

In a much-needed respite, the benchmark indices ended the day on a strong footing as positive global cues uplifted the sentiment. The Nifty and Sensex ended a losing streak of three days on the bourses, helped by a positive day at trading in Japanese and US markets following recent comments by Federal Reserve officials that eased US recession worries.

At close, the Sensex was up 1.11 percent at 79,468 while the Nifty gained 1.27 percent at 24,297. About 2,685 shares advanced, 713 shares declined, and 71 shares were unchanged.

India VIX, also known for assessing market anxiety, eased nearly 14 percent to be just above 16.

All the sectors ended in the green with the top gainer being the #niftymetals index. Gains in #Vedanta #TataSteel #adanienter and #HINDALCO kept the sector buzzing.

#NiftyEnergy was also the bright spark that backed a rally in #ONGC #coalindia and #powergrid . While these were up, the #NiftyBank was the worst performer, rising below a percent.

The biggest Nifty gainers included #coalindia #adaniports #powergrid #Cipla and #HCLTechnologies, while losers were #INDUSINDBK #eichermotors #Britannia #techmahindra and #AsianPaints

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