Sensex, Nifty Close Higher Breaking Seven Day Losing Streak

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Benchmarks BSE Sensex and NSE Nifty closed higher on Thursday ending a seven-day losing streak. BSE Sensex closed 330 points higher, while Nifty 50 ended 100 points up. Outperforming the 30-share index, BSE MidCap and SmallCap gained 1.82% and 2.25%, respectively. All the sectoral indices on BSE except oil and gas ended higher led by healthcare, basic materials and realty. On NSE, Nifty PSU Bank index rallied over 2%. Sun Pharma, Dr. Reddy’s Labs, SBI and Infosys were top gainers, whereas PowerGrid, NTPC, Tata Motors and ONGC were among the major losers.

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