MUMBAI: Nifty Gains For Fifth Straight Day; Auto, Realty Shares SurgeThe S&P BSE Sensex logged in third session of gains while the broader Nifty 50 index rose for fifth session in a row led by gains in Reliance Industries, Maruti Suzuki, State Bank of India, Tata Motors and IndusInd Bank. The benchmarks opened higher and for most part of the day traded firmly higher. However, selling pressure in information technology heavyweights like HCL Technologies, Tata Consultancy Services and Infosys capped the upmove for Sensex and Nifty. In intraday trades the Sensex rose as much as 198 points and the Nifty 50 index briefly moved above its important psychological level of 11,050.
The Sensex ended 125 points or 0.3 per cent higher at 37,271 and Nifty 50 index advanced 33 points or 0.3 per cent to close at 11,036.
Eight of 11 sector gauges compiled by BSE ended higher led by the Nifty Realty index’s 4.14 per cent gain.
Source By NDTV