Mon close: Sensex ends 47 pts higher

The Bombay Stock Exchange closes at 14,402.90 after hitting an intra-session high of 14,479.18 and a low of 14,372.07.

The Bombay Stock Exchange benchmark Sensex ended over 47 points higher on Monday on the back of buying by funds and retail investors in several blue-chip stocks, led by banking sector.

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The 30-share index, which had gained more than 345 points in the last session, gathered another 47.35 or 0.33 per cent to close at 14,402.90 after hitting an intra-session high of 14,479.18 and a low of 14,372.07.

Similarly, the Nifty index on the broad-based National Stock Exchange rose by 18.35 points or 0.44 per cent to close at 4,164.55 after moving between 4,177.70 and 4,149.25.

The major contributers to the rise in the Sensex were Reliance Industries, ICICI Bank, HDFC Ltd, State Bank of India, Tata Consultancy Services, Maruti Udyog, Bajaj Auto, Larsen and Toubro and ITC Ltd.