Indian shares rallied for the 10th consecutive day as the bulls pushed the benchmark indices in the green towards the close of the session on October 14.
The S&P BSE Sensex rallied 169 points to close at 40,794. The Nifty50 gained 36 points to end at 11971 after falling towards 11,800 earlier in the day.
“A supportive judgment from the Supreme Court and continuity of the good Q2 result will help India to add more traction," he said.
The court has adjourned to November 2 the hearing on a batch of petitions seeking interest waiver during the loan moratorium period.
The Supreme Court has adjourned its hearing on a batch of petitions seeking interest waiver during the loan moratorium period to November 2.
Sectorally, action was seen in finance, banks, realty, and capital goods space while some profit-taking was visible in utilities, power, IT, and oil & gas space.
It was a mixed day for the broader markets. The S&P BSE midcap index rose 0.5 percent while the smallcap index was down 0.19 percent.
Top Nifty gainers included Bajaj Finance, SBI Life Insurance and Bajaj Finserv.
The biggest Nifty losers included ONGC, NTPC and Wipro.
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