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Monday, Oct 21, 2019

Sensex, Nifty rise over 1% to 2-week high ahead of GDP data

The broader NSE Nifty closed 1.15% higher at 10,736.15, while the benchmark BSE Sensex rose 1.19% to 35,322.38.

business Updated: May 31, 2018 16:35 IST
Reuters
Reuters
Hindustan Times, New Delhi
BSE Sensex recovered on Tuesday after the the previous day's market crash. (PTI Photo)
BSE Sensex recovered on Tuesday after the the previous day's market crash. (PTI Photo)(PTI Photo)
         

Domestic equities rose more than 1% on Thursday and posted their highest close in two weeks, with financials such as HDFC Bank Ltd accounting for about two-thirds of the gains, ahead of key economic growth data later in the day.

Gross domestic product likely grew 7.3% in the first three months of 2018, a Reuters poll showed, a touch faster than the 7.2% growth in the last quarter of 2017.

The broader NSE Nifty closed 1.15% higher at 10,736.15, while the benchmark BSE Sensex rose 1.19% to 35,322.38.

HDFC Bank ended 4.5% higher.

For the month, the NSE Nifty slipped, while the BSE Sensex gained 0.46%.

First Published: May 31, 2018 11:04 IST

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