The benchmark indices rose in line with global markets after tracking rally in European stocks as French vote prompts relief rally. The BSE Sensex advanced 290.54 points or 0.99% to 29,655.84, while the NSE Nifty index rose 98.55 points or 1.08% to 9,217.95, on closing.
The BSE Mid-Cap index rose 0.95% and the BSE Small-Cap index rose 0.82%. Both these indices under-performed the Sensex. The market breadth, depicting the overall health of the market, was positive, with 1,622 shares advanced and 1,281 shares declined. A total of 169 shares were unchanged. Investors expect a number of quarterly earnings reports, including that of RIL due later in the day.
ACC Ltd was the major Nifty gainer, while, Lupin was the top Nifty loser. ACC Ltd closed at Rs 1,608 higher by 7.5 percent, Lupin closes at Rs. 1,361 per share down by 3.3 percent. HDIL rose 5% as the company announced that it launched a new residential project in Mumbai. The stock closed at Rs 91.55 per share, higher by 1.8 percent.
AGI Infra Ltd rallied 11.5 percent on the BSE as the company announced that it has obtained approval for project under affordable housing policy for the correct year.. The stock closed at Rs 156 per share higher by 20%.
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