The market ended at new record closing high on Friday
following further fall in crude oil prices after the OPEC decided not to cut
output. Hopes of rate cut or indication of rate cut in monetary policy on
December 2 also pushed market higher.
The Sensex rose 255.08 points or 0.90 percent to close at
28693.99 and the Nifty climbed 94.05 points or 1.11 percent to 8588.25.
About 1499 shares have advanced, 1521 shares declined,
and 99 shares are unchanged on the Bombay Stock Exchange.
Punjab National Bank, Bank of Baroda, Asian Paints, State
Bank of India, IndusInd Bank, Axis Bank, Tata Motors, Tata Steel and M&M
were top gainers, up 2.5-7.4 percent.
However, Cairn India fell 4.44 percent followed by Sesa
Sterlite with 3 percent loss. Jindal Steel, Bharti Airtel, ONGC, GAIL and Dr Reddy's
Labs declined 0.4-0.9 percent.
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