Market react positively and ended over 1% led by gains in banking and pharma stocks amid positive global cues. Mid and small caps underperformed their large peers. Reports that Britain and the European Union have closed in on a free-trade deal, while short covering in banking counters back home lifted the indices. Net buying of FII/FPI stood at Rs.1,225.69 crore while Net selling of DII was at Rs. 1,897.92 crore.The Sensex gains 529.36 Points to 46,973.54 levels with shares of Axis Bank,Sun Pharma,ONGC, Reliance, HDFC, Kotak Bank ,ICICI Bank gained 3.04%, 2.67%, 2.59%, 2.58%, 2.23%, 2.08%,2.00% respectively while shares of Infosys, Nestle India, IndusInd Bank, Dr.reddy, HCL Tech, Bajaj Finserv were the losers with a loss of 1.32%, 0.78%, 0.51%, 0.34%, 0.30%, 0.20% respectively.&The NSE Nifty ended higher 148.15 Points or 1.06% to 13,749.25 levels with 32 constituents were in advance and 18 constituents were in decline. Bank, Energy, Pharma Indexes were the out Performers with having a gain of 1.74%, 1.40%, 1.22% respectively while Media, IT, Realty Indexes were the losers with a loss of 0.76%, 0.66%, 0.43% respectively.
TOP STOCKS IN NEWSCAST:
Reliance gained over 2% as the company added 22.28 lakh users in October against 14.61 lakh additions in September, 2020.
HDFC ltd rose over 2% as the company announced the tie-up with the IGBC to promote green housing and create awareness about and promote financing of green buildings.
Infosys lose over1% after global tech biggies saw selling bias overnight.