MARKET SUMMERY 21-JAN-19

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The  Sensex ended at 36,579, up 192 points or 0.53 %, while the broader Nifty settled at 10,962, up 55 points or 0.50 %The benchmark indices settled 0.5% higher on Monday led by market heavyweights Reliance Industries, Sun Pharma and select information technology and private bank stocks.Shares of Larsen & Toubro recovered after falling 3 %to Rs 1,275 apiece on BSE even as the Securities and Exchange Board of India  denied approval to the company’s Rs 9,000-crore share buyback plan, citing compliance issues over its post-buyback debt-equity ratio.L&T had proposed a buyback of up to 61 million equity shares from its equity shareholders as on the record date, being October 15, 2018, on a proportionate basis by way of the tender offer route through the stock exchange mechanism at a price of Rs 1,475 per equity share.

TOPGAINERS:KOTAKBANK,RELIANCE,SUNPHARMA

MAJORLOOSERS: LOC,MARUTI,WIPRO