Shutterstock.comBenchmark NSE Nifty closed 111.0 points up at 18314.4 amid buying in frontline bluechip counters.
However, stocks such as Gland Pharma, Sanwaria Consumer, Sheetal Cool, Gammon Infra and Cineline India, touched their fresh 52-week lows.
Overall, 34 shares ended in the green in Nifty50 index, while 16 closed in the red.
In the Nifty 50 index, Adani Ent., Adani Ports SEZ, Divis Labs, Apollo Hospital and Tech Mahindra were among top gainers during the day, while Nestle India, Hero MotoCorp, Eicher Motors, Axis Bank and Coal India Ltd ended in the red.
The BSE Sensex closed 234.0 points up at 61963.68.
Traders piled up positions in Shipping, Electric/Electronics, Telecommunications, Tyres and Hospitals & Allied Services sectors, while selling was witnessed in Media & Entertainment, Engineering, Packaging, Agro Processing and Cables sectors during the day.
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Boarding Gate: Financial Investors Being Tapped to Bid for Go FirstPreliminary talks on a possible rescue of grounded budget carrier Go First through the insolvency process have been initiated with a few financial investors, including a leading global private equity fund, said people with knowledge of the matter.
Borrowing Rates for Govt, Cos to DeclineBulk borrowing rates for the government and corporates are set to reduce in the short term as Friday’s central bank move to withdraw India’s highest denomination banknotes of ₹2,000 from the markets is expected to boost banking system liquidity.
Tiger Gets Ready to RRoar at IPLTiger Global, among the world’s most prolific technology-focused investors, is in talks to pick up a financial stake in the Indian Premier League’s franchise Rajasthan Royals, said two people in the know of the matter.
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