The 30-share BSE benchmark Sensex advanced 595 points or 0.92% to settle at 64,958. The broader NSE Nifty surged 181 points or 0.94% to end at 19,411. From the Sensex pack, L&T and Axis Bank were the top gainers, rising over 2% each. Power Grid, Bajaj Finance, Tata Steel, and Asian Paints also closed with gains, while only SBI, HUL, Tata Motors, and Titan closed with cuts.
Updated Dec 31, 2020 | 10:52 IST
Nifty is set to gain over 5 percent in each of the last 3 series. The Nifty IT is set to gain for 7 series in a row. Representational image
Mumbai: The Nifty came within striking distance of 14,000 on the penultimate trading day of the current calendar year. The 50-stock index recovered more than 100 points from the day’s low. The Nifty Bank snapped its 5 day gaining streak to close flat with negative bias. It is also on track to snap its 4 year gaining streak. Both benchmark indices are on track to gain for a 3rd F&O series in a row. In fact, Nifty is set to gain over 5 percent in each of the last 3 series. The Nifty IT is set to gain for 7 series in a row.