Moneycontrol
Last Updated : May 11, 2018 05:59 PM IST | Source: Moneycontrol.com

Markets@Moneycontrol: Indices close week with massive rally

At the close of market hours, the Sensex was up 289.52 points at 35535.79, while the Nifty was up 90.00 points at 10806.50

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A sharp surge among financials, metals as well as FMCG names, especially in the last hour of trade, ensured that the market managed to close the week with very good gains. The Nifty managed to clock 10,800 during the session and closed above the psychological mark.

The day began on a positive note, with the Sensex gaining over 100 points, while the Nifty managed to hover around 10,750. But the buying counters kept buzzing in the ultimate hour, with a further surge among metals, banks and FMCG names as well.

At the close of market hours, the Sensex was up 289.52 points at 35535.79, while the Nifty was up 90.00 points at 10806.50. The market breadth was, however, negative as 1,115 shares advanced, against a decline of 1,537 shares, while 163 shares are unchanged.

For more, watch the Markets@Moneycontrol show as Moneycontrol correspondent Uttaresh Venkateshwaran talks to Anchal Pathak about what moved the markets today.
First Published on May 11, 2018 05:59 pm
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