India's stock benchmarks rose, aided by gains in metals and realty stocks.
The BSE Sensex rose 400 points or 0.66% to 59,190, and the NSE Nifty 50 gained over 100 points to 17,650. Mahindra & Mahindra Financial Services Ltd. rallied 4% and was trading at its 52-week high on the back of strong August business numbers.
The mid cap index underperformed its larger peers, rising 0.3% while small cap gauge outperformed, rising 0.9%. Barring oil & gas and power sectors, all the other 17 sectoral indices compiled by BSE advanced, with metal index jumping nearly 2%.
The market breadth is skewed in the favour of bulls. About 2,215 stocks rose, 1,291 fell and 169 remained unchanged.
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