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On Thursday market ended
higher for the second day. In today's Market weekly options expiry session
ended on a strong note, led by a last hour recovery in banking and pharma
stocks. The
market showed excellent turnaround from the day's low, especially in the last
one and a half hours. Nifty today slipped below 10600 in intraday but then
managed to recover and closed near 10740. Gains were mostly led by Infosys -
which ended 9.5% higher for its biggest single-day gain in four months. BPCL,
Cipla also contributed to the recovery, ending 7% and 5% higher respectively.
Among the sectoral indices, Banknifty recovered nearly 600 points from the
day's low to end with gains of 1.2%, courtesy a reversal in private lenders
like Axis Bank, Kotak Mahindra Bank and IndusInd Bank. Although off the day's
high, the I.T. index ended as the top performer for the second day in a row,
ending with gains of 2.8%.
TOP GAINERS-INFY,BPCL,CIPLA,M&M,INDUSINBANK
TOP LOSERS-INFRATEL,TECHM,ITC,ZEELIOC,NTPC
TOP LOSERS-INFRATEL,TECHM,ITC,ZEELIOC,NTPC
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