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Wednesday's session has
ended on positive note. Wednesday led by
buying in public sector banks and fast-moving consumer goods stocks.
Sensex was closed at 36,484, up 137 points Nifty was closed at healthy gains of 0.5% at 10,967 levels Nifty moved up consistently in last 6-7 sessions, there is still no indication of any exhaustion of the uptrend at the high point. The next overhead resistance to be watched is at 11,090 level. PSU Bank index ended 2.9 per cent higher led by Vijaya Bank and Bank of India after Allahabad Bank, Bank of India and Bank of Maharashtra may come out of PCA soon. Capital First and IDFC Bank shares rallied 4 percent after both companies announced completion of their merger on Tuesday.
Sensex was closed at 36,484, up 137 points Nifty was closed at healthy gains of 0.5% at 10,967 levels Nifty moved up consistently in last 6-7 sessions, there is still no indication of any exhaustion of the uptrend at the high point. The next overhead resistance to be watched is at 11,090 level. PSU Bank index ended 2.9 per cent higher led by Vijaya Bank and Bank of India after Allahabad Bank, Bank of India and Bank of Maharashtra may come out of PCA soon. Capital First and IDFC Bank shares rallied 4 percent after both companies announced completion of their merger on Tuesday.
Asian
Paints, Axis Bank, Indiabulls Housing and Bajaj Finserv were the big gainers, while Sun Pharma,
Infosys, and HCL Technologies lost the most.
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