Closing Bell: Nifty Ends Above 11,000, Sensex up 637 Points

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Indian equity benchmarks clocked their biggest intraday gains on Thursday, 8 August, since the announcement of exit polls, according to BloombergQuint.

The S&P BSE Sensex closed 637 points higher at 37,327.36 and the NSE Nifty 50 ended at 11,032, up 1.63 percent. The broader markets represented by the NSE Nifty 500 Index ended 1.4 percent higher.

The market breadth was tilted in favour of buyers. About 1,055 stocks advanced and 690 shares declined on National Stock Exchange.

All the 11 sectoral gauges compiled by NSE ended higher, led by the SNE Nifty Auto Index’s 3.03 percent gain.

Major gainers were HCL Technologies, Tata Motors, JSW Steel, Reliance Industries and M&M, while losers were Tata Steel, Cipla, UltraTech Cement, Indiabulls Housing and IndusInd Bank, reported Moneycontrol.

(With inputs from Moneycontrol, BloombergQuint)