The S&P BSE Sensex and NSE Nifty 50 indexes rebounded in today’s session led by gains in Infosys, HDFC, Hindustan Unilever, ICICI Bank and ITC. For most part of the day, Sensex and Nifty traded in the narrow band and erased gains in late morning deals on the back of sharp dip in the banking shares. The banking sub-index on the National Stock Exchange – Nifty Bank index – dropped as much as 867 points from day’s highest level to close on a flat note.
The Sensex ended 0.65 per cent or 247 points higher at 38,127 and the NSE Nifty 50 index rose 0.63 per cent or 71 points to close at 11,305.
Nine of 11 sector gauges compiled by National Stock Exchange ended higher led by the Nifty Metal index’s over 2 per cent gain.
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