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Stock Market: Equity indices extend gains for fifth day in a row

Mumbai: Indian equity benchmark indices ended higher for fifth day in a row. The gains in the bank, technology and consumer shares supported the upward rally of the domestic benchmark indices.

BSE Sensex rose 284 points or 0.51% to close at 55,682.  NSE Nifty moved 84 points or 0.51% higher to settle at 16,605. Nifty Midcap 100 jumped 1.38% and small-cap climbed 0.77%. 13 out of the 15 sector gauges  compiled by the National Stock Exchange settled higher. The overall market breadth of BSE was positive as 2,007 shares advanced and 1,332 declined.

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The top gainers in the market were IndusInd Bank, Bajaj Finance, Bajaj Finserv, Asian Paints, Tech Mahindra, L&T, Axis Bank, PowerGrid, Nestle India, Bharti Airtel, Infosys, M&M Tata Consumer Products, UPL and L&T.The top losers in the market were Dr Reddy’s, Kotak Mahindra Bank, Reliance, Life Insurance Corporation of India (LIC), and HDFC Bank.


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