Domestic stock markets rose to nearly three-week highs on Thursday, rising for the fifth session in a row with the NSE Nifty index just one point shy of 11,600. The S&P BSE Sensex index climbed as much as 505.7 points to touch 39,104.69 during the session and the broader Nifty benchmark rose 135.1 points hit to hit 11,599.10 on the upside - levels last seen on September 26 and 27 respectively. Gains across sectors barring IT - led by strong buying interest in banking, auto and consumer goods stocks - pushed the markets higher. Analysts awaited more large cap companies to report their earnings for the second quarter of the current financial year for cues.
Domestic stock markets rose to nearly three-week highs on Thursday, rising for the fifth session in a row with the NSE Nifty index just one point shy of 11,600. The S&P BSE Sensex index climbed as much as 505.7 points to touch 39,104.69 during the session and the broader Nifty benchmark rose 135.1 points hit to hit 11,599.10 on the upside - levels last seen on September 26 and 27 respectively. Gains across sectors barring IT - led by strong buying interest in banking, auto and consumer goods stocks - pushed the markets higher. Analysts awaited more large cap companies to report their earnings for the second quarter of the current financial year for cues.
Domestic stock markets rose to nearly three-week highs on Thursday, rising for the fifth session in a row with the NSE Nifty index just one point shy of 11,600. The S&P BSE Sensex index climbed as much as 505.7 points to touch 39,104.69 during the session and the broader Nifty benchmark rose 135.1 points hit to hit 11,599.10 on the upside - levels last seen on September 26 and 27 respectively. Gains across sectors barring IT - led by strong buying interest in banking, auto and consumer goods stocks - pushed the markets higher. Analysts awaited more large cap companies to report their earnings for the second quarter of the current financial year for cues.
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