BSE Sensex ends 409 points higher; banks lead gains

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Reuters MUMBAI
Last Updated : Jul 31 2015 | 4:22 PM IST

MUMBAI (Reuters) - The BSE Sensex and Nifty ended more than 1 percent higher on Friday, led by banks on the government's plan to inject extra capital into state-run lenders struggling with bad loans, and as worries over corporate earnings eased.

The BSE Sensex ended up 1.48 percent, while the Nifty closed 1.32 percent higher. Both indexes ended the week largely flat.

For the month, the BSE index gained 1.20 percent, while the NSE index added 1.96 percent.

(Reporting by Karen Rebelo; Editing by Subhranshu Sahu)

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First Published: Jul 31 2015 | 4:07 PM IST

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