Benchmark indices settled higher in the last trading day of Calendar 2017, with the BSE Sensex rising by 208.80 points to 34,056.83, while the Nifty 50 by 52.80 points to close at 10,530.70 level on extensive gains, driven by FMCG, banking and capital goods shares. Both the indexes, up more than 27% each, are on track for a second consecutive year of gains. The starting of January series in the F&O segment boosted buying sentiments by participants, which helped the upside.
Shares of Reliance Communications Limited (RCom) surged 35% to their highest since April 7. All the sectoral indices led by power, capital goods, infrastructure and healthcare were up.
IT sector stocks such as HCL Technologies, Wipro, Tech Mahindra, Infosys, Hexaware rose on different dimensions. Shares of telecom sector saw mixed trend, which include Idea Cellular (+5.68%) and Bharti Infratel (+3.13%) while on down side, MTNL (-0.2%) and Bharti Airtel (-0.2%) edged lower.
Shares of Tata Motrs, Axis Bank, Bharti Infratel, TCS, Hero Moto-Corp, HCL Tech and Adani Ports emerged as the major gainers which rose over 2% in the Nifty50 index.
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